Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      May 27, 2020

Home  >  Auto Loans  >  LendingTree vs Cars Direct

Best

Auto Loans

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

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Compare Products

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

Latest Reviews

Bad Credit Loans

Buying Gold

Cake Clubs

Cash for Gold

College Textbooks

Gout Relief

Investment Newsletters

Photo Books

Photo Cards

Slipcovers

 

Individual Reviews

CARCHEX

LendingTree

My Auto Loan

Cars Direct

LendingClub

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

LendingTree vs Cars Direct

Best Auto Loans

To help you find the Best Auto Loans, TopConsumerReviews.com provides you with an in-depth comparison of LendingTree and Cars Direct.

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

2020

Auto Loans Reviews

4.5 stars
LendingTree

LENDINGTREE

Visit Site

BBB Rating:

A+

LendingTree, founded in 1996, allows consumers to have a one-stop shop experience to compare the finance options available from the largest network of banks, lenders and credit partners in the industry. With a top Better Business Bureau rating of an A+, LendingTree is one of the nation's largest online marketplaces, with the largest network of lenders in the auto loan industry.

Applying for an auto loan with LendingTree is a simple and easy process. You simply complete an online form. Qualified applicants will receive up to five (5) offers in a matter of minutes, along with their credit score. You can then review all loan options, and select the offer that works best for your circumstances. Then you communicate directly with that lender.

The LendingTree website is a great resource to assist consumers with their financing needs. Links are provided that help in understanding the do's and don'ts of auto loan financing, providing tips to compare auto quotes, helping to decide to purchase new or used vehicles and more. There is even an auto loan "basics" section that is a great resource for first time buyers.

Fixed rate New and Used Auto Loan terms range from 12 to 84 months, and allow finance options between $7,500 and $300,000. Applicants can get matched with a lender, receive conditional loan offers or quotes, and talk to a lender - all at no cost to you. The lender you choose may require a fee to process your formal request, however there will not be a cost to shop rates through LendingTree.

Overall, LendingTree is a top quality lender that offers a variety of informational tools to help borrowers manage their finances, with the convenience of receiving loan quotes from several lenders in the industry in a matter of minutes. All these factors have earned LendingTree a very high rating.

Visit Site
4 stars
Cars Direct

CARS DIRECT

Visit Site

BBB Rating:

Not Accredited

Cars Direct is a website where you can search for new and used cars, trade-in an existing vehicle, or obtain automotive financing. They act as the broker in the auto loan process, which means the auto loan is not through Cars Direct, but through one of their trusted dealer partners which offers financing terms based on customer applications submitted through Cars Direct. Auto loans for new and used cars, as well as refinancing loans can be found through Cars Direct.

Cars Direct has an easy online application process, which approves some customers in as little as 60 seconds or with an income of at least $500/week. These benefits may be part of the reason they've helped over 5 million drivers get approved for auto loans since opening for business in 1998. To begin the process, fill out and submit the online application. Next, a dealer partner will be in contact within 24 hours to go over the customized financing options with you. Now the fun part, select the correct vehicle for you and drive away in your new or used car. No application or processing fees are paid to Cars Direct through the entire process.

Cars Direct is headquartered in California, but works nationwide with dealerships so customers from across the country are able to use their service. They work with customers who have all kinds of credit: great, good, below average, bad, and even those with no credit or credit which includes a bankruptcy. Along with providing an easy auto loan process, Cars Direct also has advice on many related topics, including managing your auto loan, types of auto loans, car loan rates, and more.

Cars Direct is not providing the auto loan, but rather a dealer partner. As a result, the choice of cars made available through Cars Direct is limited to where the loan is originated. Once the shopper qualifies for the loan they are provided a list of car options to choose from. This may be unfavorable for those that already have their care picked out and simply need a loan.

The only downside to using Cars Direct is the inability to shop for any car with a loan obtained through Cars Direct. Other than that, the process and nationwide network is easy and thorough. Their longevity in the industry is also a plus, along with above average customer ratings found at multiple sites online. We rank Cars Direct among the highest for auto loans.

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!

With Rates Low, Refinancing an Auto Loan Could Be a Big Deal

With interest rates on the decline these days, why not refinance your auto loan? Here are some tips for refinancing.

Published:  Sat, 23 May 2020 05:02:00 GMT



Gold mine of 0% auto loans aims to rev up sales

Americans give tribute to those in the military who have paid the ultimate price serving their country. This Memorial Day is all the more poignant as we also remember family, friends and colleagues ...

Published:  Sat, 23 May 2020 05:00:00 GMT



Coronavirus: Jaguar seeks state loan as virus hits car industry

Jaguar Land Rover (JLR) is in talks with the UK government about a request for temporary state funding of more than £1bn ($1.22bn), Sky News has reported. The loan request had been lodged with the ...

Published:  Sat, 23 May 2020 07:36:00 GMT



New college graduates might not have to pay their student loans for three years

The coronavirus pandemic has excerbated the growing sense that there's something broken with how the U.S. finances higher education. Plans to deliver relief to borrowers are taking off.

Published:  Wed, 27 May 2020 12:10:00 GMT



Auto Parts Maker Marelli Secures $1.2 Billion Financing to Withstand Crisis

The COVID-19 epidemic has forced most manufacturers to temporarily halt production and almost erased car demand in March and April, leaving car and auto parts makers in need of cash. "Access to this ...

Published:  Wed, 27 May 2020 05:14:00 GMT



China's Great Wall expects mild domestic auto sales growth in second-half

Great Wall Motor expects China's overall auto sales in the second half this year to return to the same level as last year, its president said, as the world's biggest auto market recovers from a ...

Published:  Sun, 24 May 2020 18:34:00 GMT



Dealers see access to auto loans tightening

As lenders tighten credit access to mitigate risk from the coronavirus pandemic, dealerships face more difficulty getting customers approved for auto loans. A survey by the Federal Reserve issued to ...

Published:  Wed, 27 May 2020 07:59:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure