Best Auto Loan
Best auto loan is the one which gives low interest rate, easy application process, provides finance for new or used vehicle.
Auto loans come under secured loans. In this type of loan, your vehicle is used as collateral
If you do not repay the loan on time, your vehicle is impounded.
PenFed Credit Union
APR as low as 4.24%
Loan amounts $500 to $100,000.
Repayment terms: 36 to 84 months
2. Bank of America
APR starts at 3.59%
Min Loan amount $7,500.
Repayment terms: 12 to 75 months.
Best Bank For Auto Loans
3. LightStream
APR: 3.99% to 10.49%
Min Loan amount $5,000.
Repayment terms: 24 to 84 months.
Fully online process
4. myAutoloan
APR as low as 1.90%
Min Loan amount $8,000.
Repayment terms: 24 to 84 months.
Best for Poor Credit score
5. Consumers Credit Union
APR: As low as 2.49%
Min Loan amount None.
Repayment terms: 0 to 84 months.
6. AUTOPAY
APR: As low as 1.99%
Min Loan amount $2,500.
Repayment terms: 24 to 96 months.
Good for refinance.
Also Read
8 Best Bad Credit Loans With Guaranteed Approval
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