MyAutoLoan
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- Variety of auto financing options
- Loan calculator
- Limited availability
- Eligibility and loan restrictions
- Transparency concerns
myAutoloan, founded in 2003 and headquartered in the United States, is an innovative online marketplace for auto financing. The platform connects borrowers with a network of lenders, enabling them to receive up to four competitive loan offers for new and used vehicles, refinancing, and lease buyouts. Unique features include a fast application process that typically takes just two minutes and the ability to prequalify with a soft credit pull, which protects users' credit scores. With a minimum credit score requirement of 600, myAutoloan caters to many borrowers, including those with lower credit ratings. The company has received positive feedback, as evidenced by its strong Trustpilot ratings and an A+ rating from the Better Business Bureau. Customers appreciate the ease of use and quick funding; they often receive loan decisions within minutes and funds as soon as the next business day. However, some users have raised concerns about hard credit checks impacting their scores and the lack of direct customer support via phone. Overall, myAutoloan stands out for their comprehensive approach to auto financing, combining convenience, transparency, and various options tailored to meet diverse consumer needs.
- Loan Terms : Undisclosed
- Minimum Accepted Credit Score : Undisclosed
- APR : Undisclosed
- BBB Rating : A+
- Multiple auto loan solutions
- Discounts
- Lease Buyout
- Loan Refinancing
- New Vehicle
- Private Party
- Used Vehicle
- Extended Warranty—Undisclosed
- GAP Insurance—Undisclosed
- Limited Warranty—Undisclosed
- Mobile Application—Undisclosed
- Online Account Management—Undisclosed
- Return Policy—Undisclosed
- Hard Credit Check
- Income—Undisclosed
- Minimum Credit Score
- Pre-qualification With Soft Check—Undisclosed
- Documentation/Processing Fee—Undisclosed
- Late Payment Fees—Undisclosed
- Origination Fee—Undisclosed
- Prepayment Penalties—Undisclosed
- Title Transfer Fee—Undisclosed
- Upfront or Application Fees—Undisclosed
- Automatic Payments
- Cash—Undisclosed
- Check—Undisclosed
- Debit or Credit Cards
- In-Person Payments—Undisclosed
- Mail-In Payments—Undisclosed
- Online Payments
- Phone Payments—Undisclosed
- Articles and Videos
- FAQs
- Help Guides—Undisclosed
- Live Chat—Undisclosed
- Phone