Our rating is based on a combination of expert staff and user ratings.
- Application Process Makes It Easy To Shop Around
- Options For Purchase and Refinancing
- Minimum Income Requirements
Purchase: 2.74% – 27%Refinance: 2.49% – 29.4%
$8,000 – $100,000
24 – 84 Months
myAutoloan.com is run by a privately held, direct-to-consumer, internet-based financing marketplace called Horizon Digital Finance. Focused on lifestyle financing products, the company is dedicated to providing consumer choice for all aspects of the research, finance and purchase process. myAutoloan.com provides auto loans both for purchases and for refinancing current loans.
This auto loan is best for those with average credit who want to see multiple loan offers after filling out one application. myAutoloan.com offers new and used car dealer purchase loans, private party purchase loans, refinance loans and lease buyout loans. Borrowers should be prepared and know that this lender requires a hard credit pull, which means that checking your credit score will lower your score.
How to Qualify
This lender requires that you have a minimum credit score of 500, but the average score of myAutoloan customers is 628 for purchase loans and 602 for refinancing loans. You also must have a minimum monthly income of $1,800 in order to qualify for an auto loan. myAutoloan.com requires that your vehicle is no older than 10 years. The vehicle can have a maximum of 125,000 miles on it or 120,000 miles for private party loans.
There is no application fee, but there is most likely a late fee.