Question: What are the minimum requirements for an auto loan?
- You and/or co-qualifier must be at least 18 years of age. - Minimum income of $2,000 per month or $24,000 per year. - Time at residence, last 2 locations greater than 6 months. - Time at job, last 2 employers greater than 6 months. - No open bankruptcies. - Valid social security number.
Minimum Vehicle Requirements (in most cases): - Less than 100,000 miles - 6 years old or newer - Financing or Refinancing more than $7,500.00
Need less than $7,500.00? Visit our Personal Loans page for more options.
If you have additional questions that are not covered in this section, feel free to drop us a note at contact@myAutoloan.com.