Auto Credit Express car loans review April 2019 | finder.com

Auto Credit Express car loans review

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the product issuer's website. You do not need to be an existing customer of this provider to apply.
  • Your application will typically take you no more than 10-15 minutes to complete.
  • Conditional approval will typically happen within 1 business day after submitting your application. In many cases, you will have your funds within a week.
Click here to start your application >>

Got bad credit — or no credit? This online service could connect you with an auto lender in your area.

finder.com’s rating: 3.0 / 5.0

★★★★★

In most of the US, driving a car is a fact of life. You need a way to get to work, go out for dinner with friends or even get to a nearby store. Thing is, most people need a car before they have the cash to pay for it — meaning they have to take out a loan.

In May 2017, a record 107 million Americans carried car loans through a variety of lending options available. You’ll find loans through banks or credit unions — but approval takes time, paperwork and good credit. Online lenders have stepped in to pick up the slack, and they’re often willing to overlook bad credit.

That’s where Auto Credit Express comes in: It puts you directly in touch with a lender that fits your budget. We take a closer look at what it offers, including options and potential rates and terms.

Product NameAuto Credit Express Car Loans
APRVaries by network lender
Interest Rate TypeFixed
RequirementsMust be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Go to Auto Credit Express's website
  • At least 18 years old.
  • A current resident of the US or Canada.
  • Employed full-time or able to prove a guaranteed fixed income of at least $1,500 a month.

First, do I qualify for an Auto Credit Express car loan?

Auto Credit Express is a referral source, not a lender. This means they don’t require you to meet specific eligibility criteria but rather general requirements lenders may have.

To take out an auto loan with a partner in its network, you’ll typically need to be:

  • At least 18 years old.
  • A current resident of the US or Canada.
  • Employed full-time or able to prove a guaranteed fixed income of at least $1,500 a month.

What’s unique about Auto Credit Express?

Auto Credit Express isn’t a direct lender. Instead, it’s an online service that specializes in finding car loans for borrowers who have bad credit, no credit or simply trouble getting a loan because of a past bankruptcy. Auto Credit Express makes money by charging lenders to its partners to join the network, resulting in a free service for you.

A service like Auto Credit Express sounds helpful if you’re in a financial pinch, but it also narrows the pool you’re drawing from. Its network includes more than 1,000 lenders across the US and Canada, but borrowers complain that its options are limited in some states like California.

After you complete a quick online application, you’ll meet with an Auto Credit Express specialist to go over your options. This is helpful because lenders don’t like taking risks with subprime borrowers — or those with credit scores of under 620 — and interest rates are typically higher than average across the board. Because comparing minimum APRs won’t tell you much if you need a loan and have bad credit, an expert from Auto Credit Express could be a great asset.

Go to Auto Credit Express's site

What types of car loans does Auto Credit Express offer?

  • Bad credit and bankruptcy auto loans. Auto Credit Express can help you find a car loan with banks, credit unions and other traditional lenders willing to work with you.
  • Auto leasing loans. If you ever see yourself in a better future financial situation, consider leasing a car. Because you aren’t paying off the entire car cost, your payments might be smaller. And a down payment isn’t always required.
  • Auto refinancing loans. Maybe you have a car loan but think you could get a better deal, even with a low credit score. Auto Credit Express could help you find a lender willing to refinance your loan at a stronger rate.
  • Rent-to-own loans. Connect with dealers who can get you in a new car after you’ve made a down payment. You’ll typically repay the loan weekly or even biweekly before you’re the owner.
  • Buy here, pay here loans. This in-house financing is drawn and signed on the lot without a credit check. Auto Credit Express’s network includes dealers offering these loans, but beware: They can come with astronomical interest rates and stiff penalties if you’re late or default.

Compare more car loan options

Updated April 26th, 2019
Name Product Filter Values Minimum Credit Score Loan Term Requirements
300
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
300
Varies by lender
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.
Good to excellent credit
2 to 7 years
Good or excellent credit, enough income or assets to afford a new loan, US citizen or permanent resident, 18+ years old
Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.
Fair or better credit
From 2 years
Car must be less than 10 years old with fewer than 120,000 miles. Current loan must have a balance between $5,000 and $55,000 and at least 24 months left in its term.
Lower your monthly car payments and save on interest through a fast and easy online application process.
510
Varies
Income of $2,000+/month, vehicle has less than 150,000 miles and is no older than 8 years, loan balance is between $10,000 and $100,000, debt-to-income ratio is less than 50%
Connect with a network of over 150 lenders to refinance your car loan.
Good to excellent credit
Varies by lender
Must be a US citizen and 18+ years old. Must have good to excellent credit.
Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.

Compare up to 4 providers

What are the benefits?

  • No credit requirement. Auto Credit Express may be able to find you a loan, even if you’ve filed for bankruptcy.
  • Available nationwide. Your address won’t restrict your access to these loans. Auto Credit Express is available in all 50 states and Canada.
  • Personal touch. A special finance manager can help you navigate your way through one of the trickiest lending markets in the US: subprime car loans.

What to watch out for

  • Potentially high APRs. Because these loans are specialized for people with bad credit, interest rates may be higher than you’d find elsewhere.
  • Income requirements. Although there’s no credit score requirement, you must make at least $1,500 to qualify for a car loan with Auto Credit Express.

What does the Internet say about Auto Credit Express?

Auto Credit Express’s online reviews are mixed. It’s been affiliated with the Better Business Bureau (BBB) since 2004 — quite a while for an online broker. BBB-affiliated companies meet certain transparency criteria and pledge to rectify customer complaints. The BBB also gives it an A+ rating, based on 27 customer reviews.

Trustpilot reviewers weren’t as kind: Nearly 250 reviewers gave it an average 7.6 out of 10 rating, with only 75% of reviewers rating it as “Excellent.”

The main complaint: People were discouraged by how many dealerships asked to meet with them only to turn them down. Others didn’t like how many local dealers were contacting them — another common complaint for car loan brokers.

If you decide to use Auto Credit Express or any other auto loan broker, be prepared to spend a substantial amount of time weeding through dealerships. And keep in mind that you might not find a good fit.

Here’s how you apply

1. Click the Go to site button on this page to go straight to Auto Credit Express’s website.
2. Click Apply now to view the online application form.

auto credit express car loans

2. Enter your contact information and click Continue.
3. Follow the instructions to submit all required information.

After you submit your application, a call center representative will call you within 48 hours to set up an appointment with a special finance manager. Together, you’ll review your options to find a lender and car that fits your budget.

Go to Auto Credit Express's site

What documents do I need to apply?

  • Government-issued ID. Such as your passport or driver’s license.
  • Proof of residency. A recent piece of mail or a working phone number can be enough.
  • Verification of your income. Be ready to show either your tax forms or pay stubs.

I got an Auto Credit Express car loan. Now what?

Once you’re offered and accept a loan, stay on top of your payments to avoid stiff fees and penalties.

  • Set up autopay. Never miss a payment again with automatic withdrawals from your bank account.
  • Customer service. Get in touch with Auto Credit Express via phone or by completing an online contact form. Once you’ve accepted a loan, get your auto dealer’s direct contact information.

Bottom line

If you need to buy a car but are in a financial bind, Auto Credit Express could connect you to a lender in its network. The representatives help you navigate your options to potentially find a better deal than you’d find on your own.

Because you’ll need to sign up to learn the rates or terms you might qualify for, you may want to compare other car loan providers before you commit to a contract.

Frequently asked questions about Auto Credit Express

Loan ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, customer reviews, loan amounts, loan processing and borrower experience.

Read the full methodology of how we rate loan providers.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

4 Responses

  1. Default Gravatar
    SandraMarch 28, 2019

    Experian Score 8 629 self & 602 hubby (everyone else shows lower) just started paying bills on time since retiered. Need $62,000 car loan for self- employment I just started about end of April. Have $6,000 to put down maybe more.
    What are our chances?

    • finder Customer Care
      johnbasanesMarch 29, 2019Staff

      Hi Sandra,

      Thank you for reaching out to Finder.

      Though we could not provide a specific information on your chances of getting the card loan with Auto credit. The below criteria is the minimum requirement to start an application with them:

      At least 18 years old.
      A current resident of the US or Canada.
      Employed full-time or able to prove a guaranteed fixed income of at least $1,500 a month.

      You may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    SharellMay 4, 2018

    How many times will my credit report be pulled by Auto Credit Express and the dealership?

    • finder Customer Care
      JoanneMay 4, 2018Staff

      Hi Sharell,

      Thanks for reaching out.

      Auto Credit Express is a referral source, not a lender. This means they don’t require you to meet specific eligibility criteria but rather general requirements lenders may have. Credit check is not indicated on their requirements that means Auto Credit Express may be able to help find you a loan, even if you’ve filed for bankruptcy.

      After you submit your application, a call center representative will call you within 48 hours to set up an appointment with a special finance manager. Together, you’ll review your options to find a lender and car that fits your budget.

      Cheers,
      Joanne

Go to site