Where do you get a car loan from?

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by millie , in category: Banking and Credit , 9 months ago

Where do you get a car loan from?

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1 answer

by althea_dooley , 9 months ago

@millie 

There are several options for obtaining a car loan. You can get a car loan from:

  1. Banks: Many traditional banks offer car loans to customers. You can apply for a loan directly from your bank or visit their website to explore car loan options.
  2. Credit Unions: Credit unions often provide competitive interest rates on car loans. If you are a member of a credit union, it's worth checking with them for car loan options.
  3. Online Lenders: Various online lenders specialize in providing car loans. These lenders typically offer a quick and easy application process with competitive interest rates. Examples include Capital One Auto Finance, LightStream, and MyAutoLoan.
  4. Dealerships: Some car dealerships also offer financing options or work with various financial institutions to provide car loans. They may have special promotions or incentives for financing through the dealership.


It's advisable to compare interest rates, terms, and fees from different lenders to find the best car loan that suits your needs and financial situation.