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Would you recommend SpringboardAuto to your friends?
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Where does SpringboardAuto do business?
SpringboardAuto is a direct lender based in Irvine, CA. It was founded in 2015 and offers auto loans in 29 states across the USA.
How much can you borrow via SpringboardAuto?
SpringboardAuto auto loan amounts start at $7,500 and go up to $40,000.
What APR does SpringboardAuto offer on its auto loans?
SpringboardAuto offers a fixed APR auto loan product that ranges from 5% APR up to 36% 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 SpringboardAuto?
SpringboardAuto has auto loans with terms ranging from 24 to 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 loan, the more interest you will pay.
Does SpringboardAuto charge an origination fee?
Yes, SpringboardAuto may charge a loan origination fee of $0 to $595
Does SpringboardAuto charge a late fee?
Yes, SpringboardAuto charges borrowers with a late payment penatly fee of up to $100
Does SpringboardAuto charge prepayment fees?
No, SpringboardAuto will not charge you a fee for paying your loan early. Whenever possible choose lenders like SpringboardAuto that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.
What do you need to qualify for a loan with SpringboardAuto?
Applicants with a credit score of at least 500 can apply for a loan via SpringboardAuto. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of citizenship or residence permit
- Recent pay stubs
- Proof of income
What is the estimated funding time for an auto loan via SpringboardAuto?
SpringboardAuto will typically approve (or deny) an auto loan application within 1 hour and fund the loan within 7 business days of approval.
Does SpringboardAuto report loan payments to credit bureaus?
SpringboardAuto may report credit data to the following credit reporting agencies:
46 Discovery Suite 200
Irvine, CA 92618 USA
Message from SpringboardAuto
- New Jersey
- New Mexico
- New York
- North Carolina
- South Carolina
- West Virginia
|No Prepayment Fee|
|Late Fee Amount||$100|
|Origination Fee ($)||$0 - $595|
|Credit Score Range||
500 - 850
850 300 500
|Immigration Status Considered||
|Minimum Annual Income||$24,000|
|Employment Statuses Considered||
|Maximum Vehicle Age||10|
|Supported Income Types||
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$7.5K - $40K|
|Loan Term (Months)||24 - 72|
|APR (Fixed APR)||5% - 36%|