Prestige Financial Auto Loans

Prestige Financial Auto Loans Review

Prestige Financial Auto Loans is offered by Prestige Financial Services Inc., a financial services company founded in 1994 and based in Salt Lake City, UT. Prestige Financial Auto Loans are available in 44 states across the USA.

Prestige Financial FAQ

How much can you borrow via Prestige Financial?

Prestige Financial loan amounts start at $5,000 and go up to $100,000.

What APR does Prestige Financial offer on its car loans?

Prestige Financial offers a fixed apr car loan product that ranges from 2% APR up to 20% 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 Prestige Financial?

Prestige Financial 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 Prestige Financial charge an origination fee?

Yes, Prestige Financial may charge a loan origination fee.

Does Prestige Financial charge a late fee?

Yes, Prestige Financial charges borrowers with a late payment penatly fee

Does Prestige Financial charge prepayment fees?

Yes, Prestige Financial does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my Prestige Financial loan?

Yes, you can. However, Prestige Financial charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for Prestige Financial Auto Loans?

Applicants with a credit score of at least 500 and up to 850 may be eligible for Prestige Financial Auto Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Prestige Financial Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. Prestige Financial 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 are eligible to apply for a loan via Prestige Financial Auto Loans. Their rates fall within the limits of The Military Lending Act.

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 Prestige Financial?

Prestige Financial will typically approve (or deny) a car loan application within 24 hours and fund the car loan within 7 business days of approval.

Is Prestige Financial Services Inc. a legit company?

Prestige Financial Services Inc. was founded in 1994, it is a well-established company that has been in business for 29 years. Prestige Financial Auto Loans are mostly not recommended by SuperMoney community users.