Open navigation Main Menu Mortgages

Refinancing your existing loan Finding the best lender Additional Resources
Looking for a financial advisor? Take our 3 minute quiz and then match up the advisor you want today.



Main Menu Banking

Calculators to compare accounts Use the calculators and get help from bank reviews
Looking for a financial advisor? Try our three minute test and connect the advisor you want today.



Main Menu Credit cards

Compare by category Compare by credit needed Compare with issuers Get advice
You're looking for the perfect credit card? You can narrow your search using CardMatch(tm)



Main Menu Loans

Personal Auto Loans, Student Loans, Loans Calculators for loans
Find a personal loan in 2 minutes or less Answer some questions to receive offers with no effect on your score on credit.



Main Menu for Investing

Best of Brokerages and Rob-Advisors. Learn the basics Additional information
Looking for a financial advisor? Try our three minute test and connect with an advisor today.



Main Menu Home equity

Get the best rates Lender reviews. Calculators. base
Looking for a financial advisor? Take our 3 minute quiz and connect to an adviser today.



Main Menu Real estate

Selling a house Buying a home Finding the right agent Additional resources
Looking for a financial advisor? Take our 3 minute quiz and connect to an adviser today.



Main Menu Food Insurance

Car Insurance Homeowners insurance Other insurance reviews of the company
Looking for a financial advisor? Take our 3 minute quiz and then match up the advisor you want today.



Main Menu Retirement

Retirement accounts and retirement plans Get the basics of retirement calculators Additional sources
Looking for a financial advisor? Do our 3-minute quiz and then match up with an advisor today.



The search is open and closed.

Submit


Autopay
Autopay 2023 Auto Loan Review Published 2023-01-01 00:00:00
Written by Allison Martin Written by

Allison Martin's work started over 10 years prior to that as a digital content strategist. She's been published in several leading financial outlets, including The Wall Street Journal, MSN Money, MoneyTalksNews , Investopedia, Experian and Credit.com.







Editor: Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate from late 2021. They are passionate about helping readers gain confidence to control their finances through providing precise, well-researched and well-researched content that breaks down complicated subjects into bite-sized pieces.









Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our goal is to help you make better financial choices by offering interactive tools and financial calculators as well as publishing objective and original content, by enabling you to conduct your own research and compare data for free to help you make financial decisions with confidence. Bankrate has agreements with issuers such as, but not restricted to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Money The deals that are displayed on this site are from companies who pay us. This compensation can affect the way and when products are featured on the site, such as such things as the sequence in which they appear within the listing categories, except where prohibited by law for our mortgage, home equity and other products for home loans. But this compensation does not influence the content we publish or the reviews that you see on this site. We do not cover the entire universe of businesses or financial offerings that could be accessible to you.




Reviewer's disclosures: All reviews are prepared by staff. The opinions expressed are only those of the reviewer and have not been reviewed or accepted by any advertiser. The information, including rates and fees provided in the review is correct as of the date that the review was written. Look over the information at the top of this page and the lender's site for the most current details.








At a glance 4.2 Score: 4.2 stars out of five
Bankrate Score

Availability Rating: 4.5 stars out of 5
Affordability Rating: 3.6 stars out of 5
Customer Experience Rating: 4 stars out of 5
Transparency Rating: 4.5 stars out of 5


Compare rates for auto loan rates


About Autopay Loan amount $2,500-$100,000
Min. credit score not specified
APR as low as 2.99%
Funds available as only one business day



Autopay Pros and cons There are many benefits and drawbacks with Autopay auto loans to consider before applying.
PROS Convenient
Application that is streamlined
Credit score not necessary

CONS Lack of transparency about APR maximum
Down payment
No purchase made previously





Autopay offers an on-line marketplace for lending that assists consumers in finding the best deal on auto loan financing. You can look up potential loan deals from lenders on their network within minutes, without affecting your credit score. If you find a match, the application process is streamlined so you can swiftly approve your new auto loan without any stress.

Do you qualify? Autopay does not provide specific lending requirements on its website. However, you'll need provide specific details about your vehicle when you submit a formal application to an lender to receive full approval. Or you can get prequalified within minutes by filling out the online form to view possible loan offers. The application is easy to complete, and getting prequalified will not affect the credit rating of your prospective lender. What we like and what we do not like. Consider the benefits and disadvantages of an auto loan using Autopay prior to approving an application.
What we love about Autopay is that it's convenient. It allows you to explore loan options from a variety of banks or credit unions as well as online lenders all in one place without hurting the credit rating. Streamlined application process: Autopay features a simplified application procedure that helps you get the best deal on your next auto loan in a less time than it would require at the bank or dealership. No credit score is required. You could qualify for an auto loan by the lender in Autopay's Autopay network even if you have less than perfect credit. What we don't like Lack of transparency regarding the APR maximum: The minimum rates of 2.99 percent that is advertised on the website is only available to well-qualified people with good credit. The down payment: Some applicants must put cash down to get a car loan. However, they generally aren't required to be used for car loan refinancing. No used purchases: If you're looking to purchase a second-hand car it's best to look elsewhere. Contact information for Autopay If you're interested in applying the auto loan with Autopay visit their website to submit an online inquiry or call Customer Service by telephone. Customer service is available Monday through Friday, from 7 a.m. until 7 p.m. MT and Saturday between 9 a.m. to 5 p.m. MST. You can also reach a representative via text message.
Auto loan kinds offered The lenders within the Autopay network provide new car loans and three different types of refinancing.
Used and new car loans
Loan quick facts Amounts: $2,500-$100,000 . Terms: 2496 months APR: From 2.99 2.9%


If you're looking to buy a new car You can partner with Autopay to find the perfect auto loan that fits your budget. Prequalification will allow you to shop without trepidation at the dealership and save time sitting in line waiting until the department of finance to approve the loan. The Autopay team is there to help applicants through the application process. Traditional refinancing
Loan quick facts Amounts: $2,500-$100,000 Terms: 24-96 months APR: From 2.99 percent


If you're looking to cut the amount of your auto loan payments or secure a lower interest rate by refinancing with a lender in the Autopay network could aid you in achieving your goals. It is also possible to take this route to shorten the loan duration and pay off your car loan quicker. Refinancing cash out
Quick facts about loans: $2,500-$100,000 . Terms: 2496 months APR: From 2.99 percent


If you're looking to draw on your vehicle's equity, cash-back refinancing is a possible option. You can receive up to $12,000 cash and utilize the money however you like. Certain borrowers choose to pay off high-interest loans and make money available for other financial objectives. Lease buyout
Quick facts about loans: $2,500-$100,000 Terms: 24-96 months APR: From 2.99 2.9%


This financing option can assist you once the lease expires. Or you could be able to pay off your lease earlier. Plus, you can get rid of any extra mileage fees when you've exceeded the mileage limit stipulated in the lease contract. How do you apply for a loan with Autopay After you have gathered the required documents, you can fill out the Autopay application form, which does not require a credit check. Autopay will search your data to lenders in its network and present potential loan offers to you. loan offers to you if there's a connection. If you choose to proceed with the loan, the lender will pull your credit and go over the supporting documents prior to granting full approval.
The required information for your application is Driver's License Evidence of insurance Proof of income Proof of residency A letter of payment (if refinancing) Additional documents required by your lender match


FAQs on Autopay
Do you require good credit to get a loan through Autopay? Some lenders in Autopay's extensive network cater to borrowers with less credit scores. Generally, good or excellent credit is required to get the best deal on auto financing.



Are you able to apply with co-applicants to boost your chances of getting approved? Yes, Autopay allows applicants to improve their odds of approval. The person you choose to add have a solid credit history and a reliable, consistent source of income to give you the best chance to be approved.



Does Autopay offer vehicle service contracts to customers? Yes, you can buy an auto service contract when you apply for an entirely fresh loan or refinance an existing one. This form of protection helps prevent you from incurring hefty repairs and maintenance costs. Some vehicle service contracts also provide roadside assistance.



How Bankrate rates Autopay
Overall score
4.2
The availability
4.5
Autopay's extensive network of lenders gives it extensive coverage of loan amounts, availability in states and conditions. It also doesn't have dealership limitations.
Affordability
3.6
The affordability of Autopay will differ according to the lender you're matched with This means that Autopay tends to be in an upper middle.
Customer experience
4.0
Autopay provides customer service seven every day of the week, with full online access, and a shopping time of 30 days, earning it a higher customer satisfaction score.
Transparency
4.5
Fees and rates are only accessible on Autopay's website in part Prequalification options boost its score.


Methodology Bankrate considers 18 data points when choosing the best auto loans. Criteria for acceptance, whether rates and fees are readily available and the range of APR all affect lender scores. These scores are broken up into four categories. Accessibility: Loan amounts, repayment options, dealership requirements and state availability all contribute to this section. Accessibility: This section includes APR ranges, acceptance criteria, fees and discounts. Customer experience: How long you have to spend shopping, customer service availability, whether you have an app or autopay option are covered within this category. Transparency: This category is responsible for the accessibility of rates and fees as well as the availability of prequalification.
Disclaimer The reviews are written by Bankrate.com staff. The opinions expressed are solely those of the reviewer and have not been reviewed or accepted by any advertising company. The information that is included, including rates and fees, presented in the review is accurate as of the date of the review. Check the data in the upper right hand corner of the page and the lender's website to find the most current details.




Written by
Allison Martin


Allison Martin's career began more than 10 years ago as a digital content strategist, and she's since been featured in numerous prestigious financial media outlets, including The Wall Street Journal, MSN Money, MoneyTalksNews , Investopedia, Experian and Credit.com.
The edit was done by Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate from late 2021. They are committed to helping readers gain the confidence to take control of their finances through providing concise, well-researched, and well-researched content that breaks down otherwise complex topics into digestible chunks.






Auto loans editor










About
Help
Legal Cookie settings Do not sell my personal information
How we make money Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for the placement of sponsored products andservices or when you click on specific links on our website. This compensation could affect the way, location and when products appear in listing categories in the event that they are not permitted by law for our mortgage home equity, mortgage and other home loan products. Other factors, such as our own proprietary website rules and whether or not a product is offered in your region or within your own personal credit score could also affect the way and place products are listed on this website. While we strive to provide the most diverse selection of products, Bankrate does not include details about every credit or financial product or service. Bankrate, LLC NMLS ID# 1427381 | BR Tech Services, Inc. NMLS ID #1743443 |
|

(c) 2023 Bankrate, LLC. The Red Ventures company. All Rights Reserved.

If you have any thoughts about exactly where and how to use payday loans online same day lynchburg va, you can contact us at our own internet site.