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Auto Approve vs Auto Credit Express

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Pros
  • Online quote and calculator tools
  • Pre-qualification with a soft credit check
  • Added coverage and protection option
  • 12 to 84-month loan terms
  • 45-day payment-free period
Pros
  • Flexible approval requirements
  • Tools and resources
Cons
  • Not a direct lender
  • No new or used car loan options
  • Lender partner network not disclosed
  • Lack of transparency regarding loan details
Cons
  • Limited to dealers within the ACE network
  • Higher rates with subprime or BHPH lenders
  • Potential for hard credit check
  • Social Security number required for application
Summary

Auto Approve, established in 2016 and based in North Plymouth, Minnesota, offers auto loan refinancing and lease buyout services. They aim to streamline the process for customers looking to reduce monthly payments or purchase their leased vehicles. Serving a variety of vehicles, including cars, trucks, motorcycles, and RVs, Auto Approve partners with a network of lenders to provide refinancing options tailored to individual needs. A key feature of their service is the online application process, which allows for pre-qualification without requiring a Social Security number. They also offer optional GAP insurance to protect against vehicle depreciation. While some customers appreciate the efficiency and flexibility, others have noted concerns with communication during the process. Auto Approve holds an A+ rating from the Better Business Bureau (BBB), reflecting their commitment to resolving customer issues. If you’re interested in exploring how their services could meet your refinancing needs, take a closer look at the full review for more insights into their offerings and customer experiences.

Summary

Auto Credit Express is a well-established auto loan broker headquartered in Auburn Hills, Michigan, with over 20 years of experience in the industry since their founding in 1999. The company connects customers with lenders and dealerships, particularly those with challenging credit histories. Auto Credit Express offers a diverse range of loan products, including vehicle purchase loans, leasing options, refinancing, and cash-out refinancing, catering to individuals with bad credit, no credit, or those who have experienced bankruptcy. One of Auto Credit Express's unique features is their extensive network of over 1,500 car dealerships and lenders across the US and Canada. Despite some mixed feedback regarding customer service and the potential for hard credit inquiries, Auto Credit Express remains a valuable resource for individuals seeking auto financing with less-than-ideal credit profiles. Auto Credit Express presents a compelling solution worth further investigation for those exploring their auto loan options.

Quick Stats
  • Loan Terms : 12 to 84 months
  • Minimum Accepted Credit Score : Undisclosed
  • APR : Undisclosed
  • BBB Rating : A+
Quick Stats
  • Loan Terms : Undisclosed
  • Minimum Accepted Credit Score : Undisclosed
  • APR : Undisclosed
  • BBB Rating : A+
Selling Points
  • Social Security number not required for a quote
  • 90-day payment deferral available
  • Co-signers permitted
  • Auto lease purchasing
Selling Points
  • Credit rebuilding tools
  • Special rates for military members
Multiple Financing Options
  • Lease Buyout
  • Loan Refinancing
  • New Vehicle
  • Undisclosed
    Private Party
  • Used Vehicle
Multiple Financing Options
  • Lease Buyout
  • Loan Refinancing
  • New Vehicle
  • Undisclosed
    Private Party
  • Used Vehicle
Additional Services
  • Extended Warranty
  • GAP Insurance
  • Limited Warranty
  • Mobile Application
  • Online Account Management
  • Return Policy
Additional Services
  • Undisclosed
    Extended Warranty
  • Undisclosed
    GAP Insurance
  • Undisclosed
    Limited Warranty
  • Mobile Application
  • Undisclosed
    Online Account Management
  • Undisclosed
    Return Policy
Eligibility Requirements
  • Undisclosed
    Hard Credit Check
  • Undisclosed
    Income
  • Undisclosed
    Minimum Credit Score
  • Pre-qualification With Soft Check
Eligibility Requirements
  • Undisclosed
    Hard Credit Check
  • Income
  • Undisclosed
    Minimum Credit Score
  • Undisclosed
    Pre-qualification With Soft Check
Fees & Costs
  • Undisclosed
    Documentation/Processing Fee
  • Undisclosed
    Late Payment Fees
  • Undisclosed
    Origination Fee
  • Prepayment Penalties
  • Title Transfer Fee
  • Upfront or Application Fees
Fees & Costs
  • Undisclosed
    Documentation/Processing Fee
  • Undisclosed
    Late Payment Fees
  • Undisclosed
    Origination Fee
  • Undisclosed
    Prepayment Penalties
  • Undisclosed
    Title Transfer Fee
  • Undisclosed
    Upfront or Application Fees
Payment Options
  • Undisclosed
    Automatic Payments
  • Undisclosed
    Cash
  • Undisclosed
    Check
  • Debit or Credit Cards
  • Undisclosed
    In-Person Payments
  • Undisclosed
    Mail-In Payments
  • Undisclosed
    Online Payments
  • Phone Payments
Payment Options
  • Undisclosed
    Automatic Payments
  • Undisclosed
    Cash
  • Undisclosed
    Check
  • Undisclosed
    Debit or Credit Cards
  • Undisclosed
    In-Person Payments
  • Undisclosed
    Mail-In Payments
  • Undisclosed
    Online Payments
  • Undisclosed
    Phone Payments
Customer Support
  • Articles and Videos
  • Email
  • FAQs
  • Help Guides
  • Live Chat
  • Phone
Customer Support
  • Articles and Videos
  • Undisclosed
    Email
  • FAQs
  • Help Guides
  • Live Chat
  • Phone