Reliable Credit Auto Loan Review

Reliable Credit Auto Loan is offered by Reliable Credit, a direct lender founded in 1958 and based in Milwaukie, OR. Reliable Credit Auto Loan is available in 4 states across the USA.

How much can you borrow via Reliable Credit Auto Loan?

Reliable Credit Auto Loan auto loan amounts start at $1,000 and go up to $50,000.

What APR does Reliable Credit Auto Loan offer on its auto loans?

Reliable Credit Auto Loan offers an auto loan product that ranges from 5% 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 loan term you can get with Reliable Credit Auto Loan?

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

Does Reliable Credit Auto Loan charge an origination fee?

Yes, Reliable Credit Auto Loan may charge a loan origination fee.

Does Reliable Credit Auto Loan charge a late fee?

Yes, Reliable Credit Auto Loan charges borrowers with a late payment penatly fee

Does Reliable Credit Auto Loan charge prepayment fees?

No, Reliable Credit Auto Loan will not charge you a fee for paying your loan early. Whenever possible choose lenders like Reliable Credit 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 Reliable Credit Auto Loan loan?

Yes, you can. Reliable Credit Auto Loan does not charge a prepayment fee, so you can save money by paying your auto loan early.

What do you need to qualify for Reliable Credit Auto Loan?

Applicants with a credit score of at least 500 and up to 800 are eligible for Reliable Credit Auto Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Reliable Credit Auto Loan does not have or does not disclose a minimum annual income eligibility requirement. Reliable Credit Auto Loan only considers borrowers who are employed.

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 Reliable Credit Auto Loan. Their rates fall within the limits of The Military Lending Act.

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 an auto loan via Reliable Credit Auto Loan?

Reliable Credit Auto Loan will typically approve (or deny) an auto loan application within 48 hours and fund the loan within 7 business days of approval.