What is an auto loan?
An auto loan finances a vehicle purchase where the vehicle generally acts as collateral. Your monthly payment includes principal and interest across the selected term.
Loan Product Types
New Car
APR from 4.99%, 36-84 months
APR from 4.99%, 36-84 months
Used Car
APR from 5.79%, 24-72 months
APR from 5.79%, 24-72 months
Refinance
APR from 5.49%, lower current payment
APR from 5.49%, lower current payment
EV/Hybrid
APR discount 0.25% with autopay
APR discount 0.25% with autopay
APR Factor Breakdown
Credit Score
Largest pricing driver
Largest pricing driver
Loan Term
Longer term may increase APR
Longer term may increase APR
Vehicle Age
Older cars carry higher risk
Older cars carry higher risk
LTV Ratio
Higher loan-to-value can raise APR
Higher loan-to-value can raise APR
Credit Score Rate Tiers
| Tier | Score | APR Range |
|---|---|---|
| Excellent | 760+ | 4.99%-5.79% |
| Good | 700-759 | 5.80%-7.10% |
| Fair | 640-699 | 7.11%-9.99% |
| Building | 580-639 | 10.00%-13.99% |
Required Documents
Government ID
Proof of income
Proof of residence
Insurance details
Vehicle purchase agreement
Current loan statement (refinance)
Application Process
1. Check Rate: View personalized APR range.
2. Choose Vehicle: Share dealership or seller details.
3. Upload Docs: Verify income and identity.
4. Sign & Drive: Final e-sign and funding release.