Things you should know before you apply for an auto loan

As required by the Fair Credit Reporting Act, you're entitled to a free credit report if a lender takes adverse action against you, such as denying your application for credit after viewing your credit report, and you ask for your report within 60 days of receiving notice of the denial. The notice will give you the name, address, and phone number of the consumer reporting company used in their decision making. Read your Contract before you Sign it

Late payments

Lenders are able to charge a fee after a certain number of days past your due date. This is usually to cover administrative costs associated with you not paying your bill on time and delaying their internal processes. The specifics of the amount charged can be seen on your original loan document or on your monthly bill. Once you are 30 days late, you begin to see a drop in your credit score.

Non payment

Being 60, 90 or even 120 days late will mar your credit history by significantly reducing your credit score, and may result in repossession. After a vehicle is repossessed it is sold at auction and you are liable for any deficiency owed to the lender.

Fees and APRs

Our service is free to consumers; the lender approving your loan may charge a fee, when this is the case it will be displayed prominently atop the contract as required by the Truth in Lending Act. APRs vary based on your credit score and the age and mileage of the vehicle you select.

AUTO LOAN APPLICATION

    You have indicated that you would like to attach a co-buyer to your application, please fill out his/her information below.
    Personal Information
    Residential Information
    Employment Information
    Authorization and Certification

    MySecureAutoLoan, and up to five participating dealers, lenders and other third parties may contact me on any number provided, using automated telephone dialing systems, text and/or pre-recorded messages to expedite my request and present other relevant offers. By clicking the submit button, I am consenting to these methods of contact. Consent is not required as a condition of the services, to process your application without consent to these accelerated notification methods. For more information regarding the Telephone Consumer Protection Act click here.