State Farm Vehicle Loans
in Auto Loans from State FarmUnaffiliated
|Loan Amount||$5,000 - $250,000|
|APR||Starting at 2.54%|
|Credit Score Range||700 - 850|
|Loan Term||Up to 84 months|
State Farm Vehicle Loans Review
State Farm Vehicle Loans is an auto purchase finance offering by State Farm, a bank based in Bloomington, IL. Founded in 1922, State Farm offers auto loans in 48 states across the USA.
How much can you borrow via State Farm Vehicle Loans?
State Farm Vehicle Loans auto loan amounts start at $5,000 and go up to $250,000.
What APR does State Farm Vehicle Loans offer on its auto loans?
State Farm Vehicle Loans offers an auto loan product that ranges from 2.54% 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 State Farm Vehicle Loans?
State Farm Vehicle Loans has auto loans with a maximum term of 84 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 State Farm Vehicle Loans charge an origination fee?
Yes, State Farm Vehicle Loans may charge a loan origination fee.
Does State Farm Vehicle Loans charge a late fee?
Yes, State Farm Vehicle Loans charges borrowers with a late payment penatly fee
Does State Farm Vehicle Loans charge prepayment fees?
Yes, State Farm Vehicle Loans 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 State Farm Vehicle Loans loan?
Yes, you can. However, State Farm charges a prepayment fee if you pay your auto loan early. This fee could reduce or eliminate the savings from paying the auto loan early.
What are the State Farm Vehicle Loans auto loan requirements?
Applicants with a credit score of at least 700 can apply for a loan via State Farm Vehicle Loans. 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
One State Farm Plaza
Bloomington, IL 61701 USA
- Visit Site
Other Services by State Farm
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- South Carolina
- South Dakota
- West Virginia
|Credit Score Range||
700 - 850
|Immigration Status Considered||
|Employment Statuses Considered||
|Maximum Vehicle Age||15|
|Joint Loan Applications Accepted||
|Verification Documents Required||
|Loan Amount||$5K - $250K|
|Loan Term||Up to 84|
|APR||Starting at 2.54%|