Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      June 4, 2020

Home  >  Auto Loans  >  LendingTree vs Instant Car Loan

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

College Textbooks

GMAT Test Prep

Investment Newsletters

MCAT Test Prep

Photo Books

Seafood

Slipcovers

Structured Settlement Buyers

 

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 Instant Car Loan

Best Auto Loans

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

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
2.5 stars
Instant Car Loan

INSTANT CAR LOAN

Visit Site

BBB Rating:

No accreditation

Instant Car Loan is an auto loan website catering to customers of all credit types. Good or bad, those with repossessions or past bankruptcies, and first time buyers can find the best auto loans with Instant Car Loan. Instant Car Loan takes the role of a middle-man in the auto loan process. They provide the functionality to easily assist customers who are looking for the best auto loan they qualify for. Instant Car Loan has strategic partnerships with hundreds of the top dealers in the country so no matter where you are located, they've got you covered.

Instant Car Loan has been getting customers safe and trusted auto loans for more than ten years, and are currently helping more than 35,000 people per month get auto financing. No application or processing fees are associated with this service and some customers qualify for financing with zero down. Instant Car Loan has a no obligation 2-step application process:

  • Complete an easy auto loan application this application has 256bit SSL encryption which keeps your personal data secure
  • A trusted local lender contacts you and develops a personalized auto loan which fits your needs

At the time of review Instant Car Loan website claimed to have an A+ rating with the Better Business Bureau. Upon researching this we found both Instant Car Loan and its parent company to be unaccredited with the BBB.

Instant Car Loan has an easy and efficient model for connecting car shoppers with financing options, but the fact that there is a discrepancy with the BBB rating, whether it is an honest mistake or blatant false claim, compels us to give them a lower ranking.

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!

Wells Fargo stops giving loans to most independent car dealerships

Wells Fargo & Co will stop providing loans to a majority of its independent auto dealer customers due to the economic challenges brought on by the COVID-19 pandemic, a spokeswoman said on Tuesday.

Published:  Tue, 02 Jun 2020 12:54:00 GMT



Wells Fargo taps brakes on its auto loan business

Wells Fargo will stop making loans to most independent car dealerships. CNBC's Hugh Son joins 'Closing Bell' to discuss the decision.

Published:  Tue, 02 Jun 2020 13:09:00 GMT



Auto loans at lowest rates since 2013: Edmunds

Interest rates for new vehicles dropped in May to their lowest level since 2013, according to the auto website Edmunds. The annual percentage rate, or APR, on new financed cars av ...

Published:  Tue, 02 Jun 2020 12:58:00 GMT



Coronavirus: Wells Fargo will no longer accept loan applications from most independent car dealerships

Wells Fargo is not making auto loans to most independent car dealerships, a sign the bank is concerned about defaults in the wake of the pandemic.

Published:  Tue, 02 Jun 2020 13:05:00 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, 30 May 2020 23:28:00 GMT



Coronavirus causes Wells Fargo to suspend auto loans to most independent dealerships

Banking giant Wells Fargo will no longer lend to many independent auto dealerships as a result of the financial risk that has resulted from the coronavirus pandemic. A spokesperson for Wells Fargo ...

Published:  Tue, 02 Jun 2020 14:59:00 GMT



Auto Loan Interest Rates Drop in May to Lowest Level Since 2013, According to Edmunds

Interest rates for new vehicles in May dropped to the lowest level seen by the industry in nearly seven years, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new ...

Published:  Tue, 02 Jun 2020 06:00:00 GMT



Wells Fargo, worried about defaults, stops lending to some car dealers

The move follows Wells Fargo's retrenchment from parts of the mortgage market as the coronavirus pandemic took hold in the U.S.

Published:  Tue, 02 Jun 2020 11:00:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure