FAQs About ALAutoLoans

Here are the most frequently asked questions about Alabama Auto Loans.

What types of loans are available at ALAutoLoans.com?

Alabama Auto Loans works with lenders from across the nation and locally in Alabama to provide all types of car loans including refinances, loans for new or used cars, and even leases.

Is there a credit check required to use this site?

Not at all. ALAutoLoans.com is not a lender. No loans are provided directly through this site. As a result, all you need in order to be connected with top-rate lenders across the country are a few small pieces of contact information.

Are the fees higher on loans obtained through this site?

No. This site does not receive commissions from its partner lenders in a way that would cause them to raise the price on a loan to you that you could get elsewhere for less.

How large of a down payment should I make?

As large as you can. The larger your vehicle down payment, the smaller your overall loan will have to be and the more you can save on interest rates. Banks and lending institutions are more impressed by a large down payment as well, and if your down payment is high enough, they may be willing to offer you a loan package that you would not otherwise have been able to obtain from them. However, automobile types can affect the cost of the vehicle and possibly your downpayment.

Do I have to have good credit to get a loan through ALAutoLoans.com?

No, you do not. We work with lenders who offer their products to all kinds of credit and credit scores. There are plans that can be offered to those with less-than-perfect credit at a higher interest rate, if you are in need of financing a new or used car.