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Auto Credit Express
Auto Credit Express: 2023 Auto loan review published 2023-01-01 at 00:00:00
Authored by Rebecca Betterton Written by Auto Loans Reporter

Rebecca Betterton is the auto loans reporter for Bankrate. She has a specialization in helping readers with the details of borrowing money to purchase a car.







Edited by Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate from late 2021. They are dedicated to helping readers gain the confidence to manage their finances with clear, well-researched information that breaks down complicated subjects into bite-sized pieces.









Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our mission is to help you make better financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content. We also allow users to conduct research and analyze data for no cost to help you make financial decisions with confidence. Bankrate has partnerships with issuers including, but not restricted to, American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make money The products that appear on this website come from companies that pay us. This compensation can affect the way and where products appear on this site, including such things as the sequence in which they appear within the listing categories in the event that they are not permitted by law. Our loan products, such as mortgages and home equity and other home lending products. This compensation, however, does affect the information we provide, or the reviews you see on this site. We do not include the universe of companies or financial offerings that could be accessible to you.




Reviewer's disclosure of editorial rights The reviews are written by staff. The opinions expressed are solely the views of the reviewer. They have not been reviewed or accepted by any advertiser. The information such as rates and charges, presented in the review are accurate as of the date of the review. Look over the information in the upper right hand corner of the page as well as the lender's website for the most recent information.








A quick glimpse 3.6 Score: 3.6 stars out of five
Bankrate Score

Available Rating: 3.7 stars out of 5
The Affordability Score: 3.4 stars out of 5
Customer Experience Rating: 3.4 five stars from 5
Transparency Rating: 4 .


Check auto loan rates

About Auto Credit Express Loan amount $5k to $45,000
Min. credit score Unspecified
APR from Varies by lender
Funds available in As soon as the day you make your application



Auto Credit Express features Auto Credit Express allows the possibility of owning a car for those with poor credit but can carry steep rates.
PROS Bad credit loans
Encourages co-signers
Low monthly income requirement

CONS Limited vehicle inventory
Transparency is not always clear.
Limited customer support





Auto Credit Express serves as an online lender marketplace that primarily serves people with bad credit or no credit, as well as those who have been denied previously due to bankruptcy. Its mission is to help customers get loans from a trusted dealer even if they have less than perfect credit. Auto Credit Express works with over 900 dealers across nation to meet the needs of every driver for new, used and refinance loans.
Do you qualify? The requirements for eligibility vary based on the lender however, Auto Credit Express outlines the most important requirements to apply for an bad credit loan. Be at minimum 18 . A minimum of $1,500 in monthly earnings. address and evidence of residence. Three years of working experience with no major gaps Full-time work for at least 6 months or have other fixed income Able to acquire auto insurance from six to eight personal references when you're looking for bad credit loans you can also expect to pay an initial down payment of at most $1,000 or 10 percent of the purchase price of the car. After the lender agreement, the borrower could anticipate a hard credit check.
What we like and what we do not like. Weigh the benefits and drawbacks of the loan with Auto Credit Express prior to applying for a loan.
What we like Specialize In bad credit loans. Auto Credit Express partners directly with bad credit lenders to help credit challenged consumers access auto loans. Encourages co-signers. Adding a co-signer will help bad credit drivers receive competitive rates. Low minimum monthly income requirement. Auto Credit Express as a minimum monthly income requirement of $1,500. What we don't like Limited car inventory. You'll be stuck with cars from dealerships that partner with us. There is a lack of transparency. There is no information about potential APRs on the website. Limited customer support. Assistance is available only on weekdays. How do I contact Auto Credit Express Customer support is accessible through an online form or by calling at 855-439-0814. Agents are available Monday through Friday from 8:30 a.m. until 5 p.m. ET.

Auto loan types offered Auto Credit Express offers loans for the purchase of new or used vehicle loans refinancing, cash out, refinance, and leasing. The loan ranges from $5,000 to $45,000. Used and new auto loans
Quick facts about loans: $5,000 to $45,000. Terms are 36 to 72 months APR: Vary based on lender


If you're looking to finance a used or new vehicle, Auto Credit Express offers various options via their lender network. Rates and terms can vary, however the available loans are tailored specifically to those with good, bad or none in any way. If you're purchasing new, you'll only be limited to Auto Credit Express's partner dealerships. Refinance
Loan quick facts Amounts: From $5,000 to $45,000. Terms of the loan: 36 to 72 month APR: varies by lender


Refinancing your current auto loan can be a great option to lower your monthly payments and to adjust your interest rate. Although Auto Credit Express does not provide specific requirements for credit on its website, it does state that the majority of lenders will approve applicants with "good" and above average credit. Therefore, even though Auto Credit Express specializes in bad credit loans, refi caters more to drivers with higher credit scores. How do you apply for an auto loan through Auto Credit Express An application through Auto Credit Express can be completed online or over the phone. It will likely take just three minutes to be connected with a dealer within 24 hours after submitting your request. Once you are matched with an lender the lender will give you a call from the local dealer if you're buying new or used and you'll then be able choose your car.
Information required for application: Full name, Social Security number Date of birth , address and date of residence address and number for housing payment and employment information Monthly income


Auto Credit Express FAQs
Can you use Auto Credit Express to find lease financing? Yes, you can use Auto Credit Express to find lease financing options even if you have less than perfect credit.



Can bankruptcy stop you from being approved for Auto loan via Auto Credit Express? Auto Credit Express can help you get a car loan during or after bankruptcy. The ideal scenario is to look for a vehicle with a lower price point and make a down payment of the lower of 10% of the selling price or $1000, and bring a cosigner on board (if feasible).



How do rates at Bankrate work? Auto Credit Express
Overall score
3.6
The availability
3.7
Although used, new and refinancing loans are available, dealership requirements and middle-tier loan amounts result in lower scores.
Affordability
3.4
Acceptance criteria are designed to accommodate those with low credit scores, however with rates and terms varying according to the lender and the lender, affordability can be difficult to gauge.
Customer experience
3.4
The combination of limited hours and poor online reviews, customer service slants lower.
Transparency
4
Auto Credit Express lacks transparency around its rates and terms however, it does offer prequalification.


Methodology Bankrate considers 18 data points when rating auto loan lenders. Acceptance criteria, whether rates and fees are available and the range of APR all impact lender scores. These scores are split into four categories. The availability of loans, repayment options, dealership requirements and availability to state make up this section. Affordability: This section houses APR ranges, acceptance criteria, fees and discounts. Customer experience: The length of time you're required to shop, the customer service accessibility, and whether or not there's an app or autopay availability are covered in this section. Transparency: This section accounts for the availability of fees and rates as well as whether prequalification is available.
Editorial disclosure The reviews are written by Bankrate.com staff. The opinions expressed are solely the opinions of the reviewer and are not reviewed or accepted by any advertising company. The information that is included, including rates and fees provided in the review is correct up to the date of the review. Check the data in the upper right hand corner of the page as well as the lender's website to find the most current details.




Written by
Rebecca Betterton
Auto Loans Reporter


Rebecca Betterton is the auto loans reporter for Bankrate. She has a specialization in helping readers in navigating the ways and pitfalls of taking out loans to purchase a car.
Editor: Rhys Subitch Edited by Auto loans editor

Rhys has been writing and editing for Bankrate since late 2021. They are passionate about helping readers gain confidence to take control of their finances by providing precise, well-studied information that breaks down complicated topics into manageable bites.






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 promotion of sponsored goods or services, or for you clicking specific links on our website. This compensation could impact how, where and in what order items are listed, except where prohibited by law. We also offer mortgage or home equity products, as well as other home lending products. Other elements, 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 how and where products appear on this site. Although we try to offer a wide range offers, Bankrate does not include details about each financial or credit item or service. Bankrate, LLC NMLS ID# 1427381 | BR Tech Services, Inc. NMLS ID #1743443 |
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