Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      September 22, 2019

Home  >  Auto Loans  >  My Auto Loan vs Instant Car Loan

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

Keto Diets

Luggage Stores

Olive Oil Clubs

Online Fitness

Personal Trainers

Pet Meds

Popular Diets

Printer Ink

Rapid Weight Loss

Sunglasses

 

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

My Auto Loan 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 My Auto Loan 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

2019

Auto Loans Reviews

4 stars
My Auto Loan

MY AUTO LOAN Visit Site

BBB Rating:

A+

If you're looking for transparency and reliability when it comes to financing your next vehicle, put myAutoloan on your list. This Texas-based service, as part of the Horizon Digital Finance group, has been accredited with the Better Business Bureau for more than a decade and holds an impressive A+ rating. Although myAutoloan does not do the lending themselves, but rather refers applicants to as many as four lenders, they simplify the process and make it easy to get a variety of offers to choose from.

We were impressed by both the range of services offered by myAutoloan as well as the interest rates offered by their lending partners. Not everyone makes the typical new or used car purchase from a car dealership; so, if you're looking to refinance your current auto loan, to buy out the lease on your vehicle, or even to get a loan to buy a car from a private individual, myAutoloan can help. At the time of our review, their lenders' interest rates ranged from 1.74% to 3.48% for terms up to 72 months. Of course, those rates come with the standard disclaimer that they depend on an individual's credit history and credit score.

In order to be eligible to be matched with up to four lenders, myAutoloan requires that you meet the following criteria:

  • Must be at least 18 years of age (or the age of majority according to your state's laws)
  • Have a minimum income of $1,800/month or $21,600/year
  • Have no open bankruptcies
  • Live in the continental US
  • Be purchasing a vehicle that is no older than 8 years, has fewer than 100,000 miles, and costs at least $8,000

If you meet those criteria, you can complete myAutoloan's simple, two-minute application by entering basic information about yourself, your employment, and the vehicle you wish to purchase. You'll be given up to four loan offers from which to choose; if one meets your needs, you will receive your online certificate or check within 24 hours.

We also like the helpful information available on the site, under the headings of Learn About Financing, Rates & Calculators, and Resources. There you'll find descriptions of the various types of auto financing, calculators to help you determine how much you can afford to borrow or what your monthly payments might be, an auto buying guide, and quite a bit more. They'll even connect you with insurance companies to protect your purchase, and the government website to check for any recalls on your new car.

Customer reviews are overwhelmingly positive. From helpful customer service agents to extremely fast delivery of funds, myAutoloan and its lending partners deliver what they promise.

We love myAutoloan's straightforward service that helps borrowers find the best loan for their purchase and their excellent reputation for customer service. We recommend you give them a try for your auto loan needs.

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!

Is your car loan upside-down? How to steer back to safety

Without even knowing it, you may have put yourself in a financially precarious position: being upside-down on your car loan. Maybe you bought a new car without making a down payment. Or perhaps you ...

Published:  Mon, 16 Sep 2019 05:00:00 GMT



2 years after buying my first car, I'm getting offers in the mail to refinance my auto loan. Here's how I'll figure out if any are worth taking.

I've been getting offers in the mail to refinance my auto loan, and for the first time I'm considering it. But first, I have to do some research.

Published:  Wed, 18 Sep 2019 06:39:00 GMT



How To Get Out From An Underwater Car Loan

Few things are more satisfying than driving your brand-new car - until you realize that it lost value immediately after you left the dealership. Thanks to depreciation, it's possible for a car to lose ...

Published:  Wed, 18 Sep 2019 07:00:00 GMT



Study: Car ownership costs reach record high, thanks to high finance charges

This bad boy? It'll cost over $10,000 a year to own it on average. It's no surprise buying a new car has become increasingly more expensive for many buyers, but a new study puts hard numbers on the ...

Published:  Mon, 16 Sep 2019 13:02:00 GMT



REFILE-Car leasing app Fair raises $500 mln loan from Mizuho, Softbank

Sept 17 (Reuters) - Car leasing startup Fair said on Tuesday it had raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan's SoftBank Group Corp , as it looks to ...

Published:  Wed, 18 Sep 2019 04:13:00 GMT



FRENCH FINANCE MINISTER SAYS ELECTRIC CAR BATTERY PLANT WILL BE SET UP IN GERMANY IN 2024, AFTER A FIRST ONE IN FRANCE

FRENCH FINANCE MINISTER SAYS ELECTRIC CAR BATTERY PLANT WILL BE SET UP IN GERMANY IN 2024, AFTER A FIRST ONE IN FRANCE ...

Published:  Thu, 19 Sep 2019 09:43:00 GMT



Car Finance Market Current and Future Demand 2024 with Top Key Players Ford Motor Credit, Toyota Financial Services, Ally Financial

Sep 16, 2019 (Innovative Reports via COMTEX) -- Improving macroeconomics coupled with increasing number of first-time car buyers are some key trends that have come to the fore in emerging economies.

Published:  Mon, 16 Sep 2019 05:08:00 GMT



Chattanooga Metropolitan Authority board OKs $25 million loan for 1,300-car parking garage at airport

"We're running out of space and need the extra parking for the growth we continue to see" Terry Hart, airport authority president Chattanooga's airport plans to take on its biggest loan to finance ...

Published:  Mon, 16 Sep 2019 16:28:00 GMT



Why Auto Loan Debt May Be So Much Higher in Texas

Turns out the adage "everything is bigger in Texas" also includes auto loan debt. According to a recent study by LendingTree, residents of the Lone Star State have 44% more auto loan debt than ...

Published:  Tue, 17 Sep 2019 09:39:00 GMT



Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point

Japanese auto exports account for about two-thirds ... a Japanese source familiar with the matter said on condition of anonymity. Japanese Finance Minister Taro Aso has said that a currency ...

Published:  Thu, 19 Sep 2019 23:17:00 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