PNC Auto Loans Review

PNC Auto Loans is offered by PNC Bank, a bank founded in 1845 and based in Pittsburgh, PA. PNC Auto Loans is available in 18 states (and Washington, DC).

How much can you borrow via PNC auto loan?

PNC auto loan loan amounts start at $5,000 and go up to $100,000.

What APR does PNC auto loan offer on its car loans?

PNC auto loan offers a fixed apr car loan product that ranges from 2.59% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

What is the maximum auto loan term you can get with PNC auto loan?

PNC auto loan has car loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.

Does PNC auto loan charge an origination fee?

No, PNC auto loan does not charge a loan origination fee.

An auto loan origination fee is what some lenders charge for processing an auto loan application and funding an auto loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does PNC auto loan charge a late fee?

Yes, PNC auto loan charges borrowers with a late payment penatly fee

Does PNC auto loan charge prepayment fees?

No, PNC auto loan will not charge you a fee for paying your loan early. Whenever possible choose lenders like PNC auto loan that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my PNC auto loan loan?

Yes, you can. PNC auto loan does not charge a prepayment fee, so you can save money by paying your car loan early.

What do you need to qualify for PNC Auto Loans?

Applicants with a credit score of at least 630 and up to 850 may be eligible for PNC Auto Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

PNC Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. PNC Auto Loans only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via PNC Auto Loans. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by PNC Auto Loans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Recent pay stubs
• Driver's license
• Proof of citizenship or residence permit

What is the estimated funding time for a car loan via PNC auto loan?

PNC auto loan will typically approve (or deny) a car loan application within 1 hour and fund the car loan within 3 business days of approval.