Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      August 21, 2019

Home  >  Auto Loans  >  Automotive vs OneMain Financial

Best

Auto Loans

  1. LendingTree
  2. LendingClub
  3. My Auto Loan
  4. Cars Direct
  5. Road Loans
  6. Automotive
  7. Auto Credit Express
  8. OneMain Financial
  9. USAA
  10. Instant Car Loan
  11. Web 2 Carz

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Latest Reviews

Cellulite

Cruise Vacations

Colon Cleansers

Irritable Bowel Syndrome

Keto Diets

Online Fitness

Personal Trainers

Pet Meds

Popular Diets

Printer Ink

 

Individual Reviews

CARCHEX

LendingTree

LendingClub

My Auto Loan

Cars Direct

Road Loans

Automotive

Auto Credit Express

OneMain Financial

USAA

Instant Car Loan

Web 2 Carz

 

Related Articles

Are Auto Loans Through A Car Dealer A Good Idea?

Auto Loans Versus Auto Leases

How Much Car Can You Afford?

How Your Auto Loan Can Be Affected By Your Credit Rating

What To Look For When Shopping For An Auto Loan

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Automotive vs OneMain Financial

Best Auto Loans

To help you find the Best Auto Loans, TopConsumerReviews.com provides you with an in-depth comparison of Automotive and OneMain Financial.

To see ALL of our reviews for the Best Auto Loans, please Click Here

Finding an auto loan is no longer limited to what your current bank will offer or what the dealer brings to the table. You can take control of your next auto loan terms by shopping online for the best deal available. Several auto loan companies post the most competitive auto loan rates online to attract your business.

In today's economy, may people have less than perfect credit. Many companies offer car loans to those who have suffered bankruptcy, late payments or a low credit score. By researching and finding the best auto loan, you'll potentially save hundreds to thousands of dollars each year in payments and interest over other auto loans.

Continue reading below reviews

Best Reviews

2019

Auto Loans Reviews

3.5 stars
Automotive

AUTOMOTIVE Visit Site

BBB Rating:

Not Available

Automotive is a California based company that provides a one-stop-shop for your car buying needs. You can analyze different makes and models of cars, search for new or used cars, apply for a car loan and find insurance - all from the convenience of your home at Automotive.

The Automotive website stands out as a well organized and informative resource for all of your car buying needs. We liked the layout and easy to find resources such as car maintenance, car reviews, estimating the retail value of cars and so much more.

One of the other helpful resources at Automotive is their free auto loan quote. The application process is very straightforward:

  • Input name, contact information, employment information, housing, social security number and other general information.
  • A credit check is performed and your information is verified.
  • If a lender is matched to your financing needs you will receive a phone call to discuss.

Automotive's nationwide database of lenders is said to work with all credit scores and situations. We also found that the approval process was fast and efficient but that may vary on more challenging situations.

We liked the Automotive website and found it educational and informative as well as easy to navigate. We would have liked more history and an available Better Business Bureau rating but still found the website a solid choice for your car loan needs.

Visit Site

3 stars
OneMain Financial

ONEMAIN FINANCIAL Visit Site

BBB Rating:

A+

OneMain Financial is a big name in the consumer loan market, which includes auto loans. They've been in business since 1920 and have earned an A+ rating from the Better Business Bureau.

OneMain earns high marks for their reliable history and their current BBB rating. However, they miss the mark with website friendliness and functionality. Their current loan interest rates and fees are difficult to find within their website, making it hard to determine whether OneMain Financial is worth your consideration. Customers have to talk with a customer service representatives at OneMain to identify the basic information that most companies are willing to provide right on their website.

We found that borrower feedback of loan experiences at OneMain frequently included high interest rates, confusing fees, and mandatory loan insurance. Some customers reported a 25%-38% loan rate, even before additional fees were added in.

OneMain appears strong and solvent, so we feel it is a legitimate lending source. On the plus side, OneMain will lend money to people searching for an auto loan with low credit ratings and/or no collateral. However, the cost seems to be high interest rates and questionable customer service. Our concerns centered around the cost associated with borrowing money for a car loan from OneMain.

Visit Site

Continued from above

However, not all auto loan companies are the same. There can be wide differences in the features and auto loan terms that they offer.

Before you apply for your next auto loan, consider the following important factors:

  • Application Process. What is the process of applying for the auto loan?
  • History. Does the auto loan company have a history of pleasing the customer and using quality business practices? How do they rank at the Better Business Bureau?
  • Focus. What type of auto loans do they offer? Are their auto loans geared for all levels of credit?

TopConsumerReviews.com has reviewed and ranked the best Auto Loans available today. We hope these reviews help you find the most affordable loan available for you!

A Car-Loan Lender Plans to Offer $21,000 Mortgages for Indian Homes

Cholamandalam Investment & Finance Co., an Indian financier for vehicles, is persisting with its plan to set up a mortgage-finance unit undeterred by a credit crunch that's roiling shadow banks in the ...

Published:  Sun, 18 Aug 2019 23:41:00 GMT



EastWest Auto Loan Wins at Asian Banking and Finance Retail Banking Awards

EastWest Bank won two awards at this year's Asian Banking and Finance Retail Banking Awards for its Auto Loan Business. EastWest Auto Loan won the Automobile Lending Initiative of the Year and ...

Published:  Tue, 20 Aug 2019 17:29:00 GMT



How a phony car loan scam bilked credit unions out of millions

A group of fraudsters cheated banks and credit unions by filing paperwork for car loans on vehicles that didn't exist. Continue Reading Below The scheme sought more than 80 auto loans, attempting ...

Published:  Mon, 19 Aug 2019 07:35:00 GMT



Charleston car dealership sued former managers after FBI seized loan records

A Charleston-area car dealership is suing two of its former employees after the FBI opened an investigation into the company for allegedly doctoring loan applications and defrauding several banks.

Published:  Tue, 20 Aug 2019 14:55:00 GMT



VW Credit, Citizens One Auto Finance, top J.D. Power dealer study of financing appeal

Editor's note: An earlier version of this story mischaracterized Volkswagen Credit's ranking in J.D. Power's 2019 U.S. Dealer Financing Satisfaction Study. J.D. Power surveys and ranks captive mass ...

Published:  Wed, 14 Aug 2019 10:26:00 GMT



What Car Should You Buy?

But we hear a more fundamental question repeatedly: What car should you buy? Related: How to Win the Car Financing Game The answer, of course, is an E39 BMW M5. But for those who can't stomach the ...

Published:  Tue, 20 Aug 2019 14:22:00 GMT



Should You Worry About Bajaj Auto Limited's (NSE:BAJAJ-AUTO) CEO Salary Level?

Rajiv Bajaj became the CEO of Bajaj Auto Limited (NSE:BAJAJ-AUTO) in 2005. First, this article will compare CEO compensation with compensation at other large companies. Next, we'll consider growth ...

Published:  Tue, 20 Aug 2019 18:02:00 GMT



New car sales continue slide in July

Ford earlier this year announced zero-percent financing for 72 months on its popular F-150 pickup truck. More than a third of car shoppers in July got an interest rate below 4 percent, according to ...

Published:  Tue, 20 Aug 2019 15:39:00 GMT



$1.7M auto loan scheme lands metro Atlanta men in prison

A pair of metro Atlanta men have been sentenced for helping run an automotive financing scheme that spanned four years. Starting in 2015, the group of several men fraudulently siphoned $1.7 million ...

Published:  Fri, 16 Aug 2019 09:46:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure