Car Loans FAQs

Does it cost me money to apply for a car along with you?

It never cost money to fill out an application with CarLoan123.net and more importantly, there's never any obligation!  We worked with the dealers in your area to offer you the best possible automobile financing options anywhere around based on your individual information.  These dealers can compete to give you the best deal possible.

What is my interest rate?

Your interest-rate will depend on several criteria.  You will be assigned a credit specialist that is trained and experienced in finding you the best possible interest rate for someone with your credit score.  CarLoan123.net regularly works with customers that have both poor and bad credit.  Your exact interest-rate will depend on the following criteria:

• If you are buying a new used vehicle
• your credit history
• how long your loan will be for
• and the size of your down payment

When I apply for a loan online is my personal information secure?

CarLoan123.net ensures that your private information is secure and electronically encrypted.  Once you complete an application in your data will only be used to find the right match for you in our system of automobile lenders and dealers.  You will always be notified that you have been approved for a car loan before you ever get to the dealership.  Shop for your next vehicle with the comfort of knowing that your financing is already pre-approved!

Does it matter if I want a used vehicle or a new vehicle?

Through our extensive network of dealers, you are able to purchase a used car, a new car, SUV, truck, or van.  The choice is yours depending on the amount of your pre-approved loan.

Can I be sure that my vehicle is reliable?

There are extended warranties available online that you can purchase to cover your vehicle.  Additionally, our dealers offer various warranty and protection plans.

How long will it take to get my car?

Most often, you will be invited to a local dealership within 24 hours after you've completed and submitted your application.  You will then be given the choice of several vehicles that are available in your price range.

Do I have to use the dealer that contacts me?

Our service is unique in that we contact several local dealers bet than compete for your business.  The dealership that contacts you is the one that offer the best possible deal for your situation.  However, there is no time that you are under any obligation.

How do I move forward?