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?

Reliable credit loan amounts start at $1,000 and go up to $50,000.

What APR does Reliable credit offer on its car loans?

Reliable credit offers an car 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 auto loan term you can get with Reliable credit?

Reliable credit 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 Reliable credit charge an origination fee?

Yes, Reliable credit may charge a loan origination fee.

Does Reliable credit charge a late fee?

Yes, Reliable credit charges borrowers with a late payment penatly fee

Does Reliable credit charge prepayment fees?

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

Yes, you can. Reliable credit does not charge a prepayment fee, so you can save money by paying your car 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 may be 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. 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 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 a car loan via Reliable credit?

Reliable credit will typically approve (or deny) a car loan application within 48 hours and fund the car loan within 7 business days of approval.