iLending vs PNC Bank

iLending, founded in 2006, is a company based in Englewood, Colorado, specializing in auto loan refinancing. Originally known as Fleet Financial, the company rebranded to iLendingDirect and shifted their focus to helping consumers lower their auto loan payments by connecting them with the best lenders and rates. With a team of over 250 employees, iLending has expanded to meet the increasing demand for auto loan refinancing services. They aim to streamline the refinancing process through online applications and dedicated loan consultants, focusing on transparency and customer service throughout the refinancing journey. Keep in mind that iLending doesn't disclose minimum credit score requirements, so it's advisable to check directly with them to determine if you pre-qualify. They maintain an A+ rating with the Better Business Bureau (BBB) and have been recently recognized as the top Auto Refinance Company by LendingTree for Customer Satisfaction, among their earned accolades. This demonstrates their commitment to ethical business practices and exceptional customer experiences, supported by stellar online customer reviews.

Founded in 1845 and headquartered in Pittsburgh, Pennsylvania, PNC Bank is one of the largest financial institutions in the United States, offering a wide range of banking services, including competitive auto loan options. Their auto loan offerings include financing for new and used vehicles, ranging from $5,000 to $100,000, and flexible repayment terms from 12 to 84 months. A standout feature is the PNC Total Auto program, powered by TrueCar, which allows customers to search for vehicles, compare prices, and receive funding quickly. PNC's Check Ready Auto Loan enables borrowers to secure financing before visiting dealerships, streamlining the purchasing process. Customers can benefit from a 0.25% interest rate discount by setting up automated payments from a PNC checking account. While PNC does not disclose specific credit requirements or offer prequalification, their quick funding timelines and extensive customer service hours enhance the overall experience. With a focus on transparency and customer convenience, PNC Bank’s auto loans are designed to cater to various needs, making it an appealing option for those looking to finance their next vehicle.