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SpringboardAuto car loan alternatives

With no loans since early 2019, these lenders may be good options for borrowers with bad credit.

SpringboardAuto ended its car loan program in January 2019 after it was acquired by Oportun, a community development financial institution. Previously, it offered car loans between $7,500 and $45,000 with relatively flexible requirements for used cars.

While initially there were plans to reopen its auto loan program through Oportun, SpringboardAuto no longer has a dedicated website and there are no mentions of auto loans on Oportun’s website.

3 alternatives to SpringboardAuto

These three lenders are some of the best alternatives to SpringboardAuto. They all accept borrowers with less-than-perfect credit and offer a variety of car loans to cover just about any situation.


Go to site
on Carvana's secure website
Carvana is one of the most unique dealerships out there. It's completely online — which means you won't have to leave your home to find a car or apply for a loan — and it accepts borrowers with bad credit. And while this does mean you may be stuck with a higher interest rate, you may be able to find an affordable used car to offset some of the cost. Plus Carvana has a 45-day preapproval period and lets you return a vehicle within seven days at no cost if you don't like it.
  • 100% online application and car-buying process
  • Long preapproval period of 45 days
  • Accepts bad credit and low annual income
  • Only offers used cars
  • APR as high as 27.9%
  • Must finance vehicle from Carvana's inventory
Loan amountN/A
APR3.9% to 27.9%
Minimum credit scoreNo minimum credit score
Loan termVaries Car Loans

Go to site
on's secure website
If you aren't sure where to start, is a connection service that works with a network of lenders to help you find the right choice. Its lenders accept bad credit and low annual incomes — though if you have either, this may mean higher interest rates. But you can find a wide variety of loans through, including new and used car loans, refinancing, lease buyouts and loans for private-party purchases.
  • Accepts credit scores as low as 550
  • Car loans up to $100,000
  • Wide variety of car loan options
  • Must borrow at least $8,000
  • Previous complaints about high volume of marketing materials
Loan amount$8,000 – $100,000
APRStarting at 1.89%
Minimum credit score550

Auto Credit Express Car Loans

Go to site
on Auto Credit Express's secure website
Like, Auto Credit Express is a connection service. Its a good option if you've had to file for bankruptcy in the past. While it may mean slightly higher interest rates, borrowers with bad credit typically qualify for rates around 13%. The lenders in its network also offer loans for private-party purchases and rent-to-own vehicles in addition to new and used car loans. This is a unique feature, especially for those who are recovering from bankruptcy, so it's worth considering as an alternative to SpringboardAuto.
  • Lenders work with bankruptcy
  • Offers loans for rent-to-own and buy here, pay here cars
  • Midrange annual income requirement of $18,000
  • Mixed customer reviews
  • Not upfront about potential costs
  • May receive marketing materials
Loan amountN/A
Minimum credit score300
Loan termVaries

Compare more auto loan providers

You can view more lenders — including more details about the alternatives in our list — by clicking More info. Or apply directly with a lender by selecting Go to site.

Name Product Filter Values Minimum credit score APR Loan term Requirements
PenFed Auto Loans
Starting at 1.79%
3 to 7 years
Active membership with PenFed
Low APR car loans from a well-known credit union.
No minimum credit score
3.9% to 27.9%
18+ years old, annual income of $4,000+, no active bankruptcies
Get pre-qualified for used car financing and receive competitive, personalized rates. Car Loans
Varies by network lender
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.
CarsDirect auto loans
No minimum credit score
Varies by network lender
Varies by network lender
Must provide proof of income, proof of residence, and proof of insurance.
Save time and effort with this lending service specializing in beginner-friendly or subprime car loan.
Auto Credit Express Car Loans
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.

Compare up to 4 providers

Bottom line

While SpringboardAuto doesn’t offer car loans, you can still compare the best car loans for bad credit. You can also learn what type of interest rates you can expect on your next new or used car.

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