RoadLoans Car Loans
in Auto Loans from RoadLoansUnaffiliated
RoadLoans Car LoansUnaffiliated
in Auto Loans from RoadLoans
Strongly not recommended
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RoadLoans Car Loans Review
RoadLoans Car Loans is offered by RoadLoans, a direct lender founded in 2000 and based in Dallas, TX. RoadLoans Car Loans is available in 45 states (and Washington, DC).
How much can you borrow via RoadLoans Car Loans?
RoadLoans Car Loans auto loan amounts start at $5,000 and go up to $75,000.
What APR does RoadLoans Car Loans offer on its auto loans?
RoadLoans Car Loans offers an auto loan product that ranges from 1.99% 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 RoadLoans Car Loans?
RoadLoans Car Loans 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 RoadLoans Car Loans charge an origination fee?
Yes, RoadLoans Car Loans may charge a loan origination fee.
Does RoadLoans Car Loans charge a late fee?
Yes, RoadLoans Car Loans charges borrowers with a late payment penatly fee
Does RoadLoans Car Loans charge prepayment fees?
No, RoadLoans Car Loans will not charge you a fee for paying your loan early. Whenever possible choose lenders like RoadLoans Car Loans 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 RoadLoans Car Loans loan?
Yes, you can. RoadLoans Car Loans does not charge a prepayment fee, so you can save money by paying your auto loan early.
What do you need to qualify for RoadLoans Car Loans?Applicants with a credit score of at least 550 and up to 850 are eligible for RoadLoans Car Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
RoadLoans Car Loans does not have or does not disclose a minimum annual income eligibility requirement. RoadLoans Car Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.
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 RoadLoans Car Loans. 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:
- Driver's license
- Proof of citizenship or residence permit
What is the estimated funding time for an auto loan via RoadLoans Car Loans?RoadLoans Car Loans will typically approve (or deny) an auto loan application within 1 hour and fund the loan within 1 business day of approval.
- Washington, DC
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|No Prepayment Fee|
|Employment Statuses Considered||
|Immigration Status Considered||U.S. Permanent Resident|
|Joint Loan Applications Accepted||Cosigner|
|Maximum Vehicle Age||12|
|Verification Documents Required||
|Credit Score Range||
550 - 850
|Loan Amount||$5,000 - $75,000|
|APR||Starting at 1.99%|
|Loan Term||Up to 72 months|