Frequently Asked Questions

In order to make sure you are off to the best start possible when going for your Colorado Car Loan, we have compiled a list of the most commonly asked questions regarding car loans and this website for your reference. If you need further information, be sure to speak with a consultant for the lender you choose before signing any paperwork.

What about those 0% financing offers?

If you have heard of 0% financing offers from lenders, you should know that usually those offers are only available to those with immaculate credit scores. Only a small percentage of people actually ever qualify for this offer, it is mostly a hook to get you into the dealership where they can talk you into something close, but more in-line with your credit score...like 8% financing. Learn more about refinancing auto loans on the page we have provided to help you out.

Do I have to live in Colorado to use this site?

No. Thought this site's information is geared toward the Colorado citizen, anyone can use the information it contains and fill out the form in order to receive car loan quotes from our National lenders.

How long does it take to get a quote?

You will receive your quotes through this site immediately, so that you can compare them and make the decision about which lender you wish to contact for more information or acceptance of their offer. Once you have chosen a lender, getting the money for the loan may take up to two weeks.

Will being pre-approved affect the price negotiations for my car?

Most definitely it will. If you play your cards right in negotiating with the salesperson by letting them know you have been pre-approved for a vehicle, (but not telling them how much), it will take a lot of the pressure off of you and the proverbial wind out of their sails. Making you 'beg' for credit is a big bargaining chip that most salespersons are used to having with their customers and you will be removing that key from them.

Do I have to have good credit to get a loan offer?

It certainly helps. If possible you should get your free credit report before applying and try to clean up any minor issues that may be negatively affecting your credit score. If not, there are still offers to be had, even for those with less-than-perfect credit scores. You should be prepared, however for loan terms that are not as favorable as you might otherwise expect.

Is my information secure?

Definitely. This site uses the latest in Internet Encryption technology to secure your information before it is transmitted to our network of lenders for consideration.

Can I get a used car loan through this site?

Yes, you can get a car loan for a new car, a used car or even a refinance of a current vehicle through this site. Be sure to indicate the appropriate type of loan you want when filling out the form in order to get the proper offers from the lenders since there are different rates for new and used car loans.