Car Loans -
Frequently Asked Questions (FAQs)
1) What is
the fee for applying with Car Loans Connection?
Applying online is absolutely free and without obligation.
You will not be asked for credit card or bank account information
on our site.
2) Can I
get a car loan if I have bad credit, repossessions, or a bankruptcy?
Yes, you can qualify for a car loan. Our lenders do have special
finance programs for borrowers with poor credit. When speaking
to a loan officer be sure to thoroughly explain any special
circumstances about your finances, and/or past or current
credit.
3) Will I
need a large down payment?
In most circumstances, a large down payment is not required.
Many lenders offer a variety of down payment options to suit
your needs.
4) Can I
get a car loan if I am purchasing a vehicle from an individual
party?
Although we work with dealers and lenders nationwide, we are
currently not able to make loan transactions for this type
of purchase. We hope to provide this type of car loans in
the future.
5) What type
of cars are available?
Your selection is unlimited. Loans are available for new and
used cars, truck, and SUVs.
6) Can I
qualify for a loan if I am self-employed?
Yes, you will be asked to provide proof of income and may
be required to provide additional information as needed. Your
lender can answer more accurately after the initial application
is submitted.
7) Is applying
online through Car Loans Connection safe?
Your application is submitted on a secure server
only. Please use common sense and never send personal or financial
information through e-mail. This site is pop-up free,
therefore, any pop-ups that may come up while viewing this
site belong to companies that engage in questionable website
practices. Never submit personal information through a pop-up
ad.
8) What are
the car loan requirements?
A valid driver's license, proof of income, proof of residence,
and current insurance. Your loan officer will inform you if
other documentation is necessary or required.
