SunTrust Bank is based in Atlanta, GA. It was founded in 1865 and offers auto loans in 50 states across the USA.
SunTrust Bank offers auto loans with APRs starting at 2.99% and up to 10.29%. 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 inaccuate information in your credit history with these credit monitoring tools.
No, SunTrust Bank does not charge a loan origination fee.
A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.
Yes, SunTrust Bank charges borrowers with a late payment penatly fee
Yes, SunTrust Bank 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.
SunTrust Bank requires borrowers to have a credit score of at least 700 to apply.
To qualify, applicants may need to provide the following documentation:
SunTrust Bank will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 1 business day of approval.