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  Toyota Financial Services Auto Loan

Toyota Financial Services Auto Loan

in Auto Loans from Toyota Financial Services

Unaffiliated

Toyota Financial Services Auto Loan

Unaffiliated

in Auto Loans from Toyota Financial Services

SuperMoney Net Recommendation Score -85% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Strongly not recommended

1 user recommends
3 users are unsure
29 users don't recommend
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Highlights
Highlights
Community Rating Strongly not recommended
Loan Amount N/A
APR  (Fixed APR) Starting at 1.9%
Credit Score Range 600 - 850
Loan Term Up to 72 months
Number of Reviews 33

Toyota Financial Services Auto Loan Review

Toyota Financial Services Auto Loan is offered by Toyota Financial Services, a financial services company founded in 1983 and based in Torrance, CA. Toyota Financial Services Auto Loan is offered in 49 states (and Washington, DC).

What APR does Toyota Financial Services Auto Loan offer on its auto loans?

Toyota Financial Services Auto Loan offers a fixed APR auto loan product that ranges from 1.9% 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 Toyota Financial Services Auto Loan?

Toyota Financial Services Auto Loan 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 Toyota Financial Services Auto Loan charge an origination fee?

Yes, Toyota Financial Services Auto Loan may charge a loan origination fee.

Does Toyota Financial Services Auto Loan charge a late fee?

Yes, Toyota Financial Services Auto Loan charges borrowers with a late payment penatly fee

Does Toyota Financial Services Auto Loan charge prepayment fees?

No, Toyota Financial Services Auto Loan will not charge you a fee for paying your loan early. Whenever possible choose lenders like Toyota Financial Services Auto Loan 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 Toyota Financial Services Auto Loan loan?

Yes, you can. Toyota Financial Services Auto Loan does not charge a prepayment fee, so you can save money by paying your auto loan early.

What do you need to qualify for Toyota Financial Services Auto Loan?

Applicants with a credit score of at least 600 and up to 850 are eligible for Toyota Financial Services Auto Loan. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Toyota Financial Services Auto Loan does not have or does not disclose a minimum annual income eligibility requirement. Toyota Financial Services Auto Loan only considers borrowers who are employed.

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 Toyota Financial Services Auto Loan. Their rates fall within the limits of The Military Lending Act.

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 Toyota Financial Services Auto Loan?

Toyota Financial Services Auto Loan will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 7 business days of approval.

Does Toyota Financial Services Auto Loan report your account activity to credit bureaus?

Toyota Financial Services Auto Loan reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

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About Toyota Financial Services Auto Loan

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 49 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

No Prepayment Fee  
Application Fee $0
Minimum Age 18
Credit Score Range 600 - 850
Immigration Status Considered
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Maximum Vehicle Age 5
Military Status
  • Active Duty Military
  • Non-Military
Joint Loan Applications Accepted
  • Cosigner
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Loan Term Up to 72
APR (Fixed APR) Starting at 1.9%

Toyota Financial Services Auto Loan Community Reviews

 
 

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