Online Auto Financing

I got a loan through peoplefirst.com. They are basically a broker who work with no name banks. I had really crappy service with the bank that they found for me. Definitely beware and do your research.

You are better of going through your bank or a credit union if you belong to one.

 

Hey ... I just got my car refinanced through ELoan like 2 days ago. The interest rate they offered was 3% lower than my current loan from Nissan. The service has been VERY good, better than I was expecting.

Check them out.

 

I have nothing but positive stuff to say about Peoplefirst.com

I got the lowest rate at the time 6.25% and everything is available online. You can see your loan payments and how much was applied to interest/principal.

 

Thanks for bringing this up Drew...
I was just getting ready to start my first thread in ages to ask this exact same question..

I have another question for those of you who have done this, or know something about financing vehicles.

I just paid off my bankruptcy at the beginning of the year, what kind of rate am I likely to get? and will I still be able to use one of these online financing services?

I appreciate any input or advice yall can offer, I'm really looking forward to getting a relatively new car.

 

R2K - I would recommend that you get a credit report to get your score. This will give you an idea of your situation. If you are over 700 then you will probably get a good rate.

I would try something like this site http://www.myfico.com/ These are the actual scores that auto dealers pull when you try to get financed.

They give you your FICO score. Or any other site that gives you a score like these:

www.experian.com - credit bureau, good site.
www.equifax.com - credit bureau, decent site.
www.truecredit.com - nice site.

 

Yeah, its cool. I know you can call your lender and get a payoff anytime, but I like it online.

I like to see how much of my payment went against interest/principal.