In addition to standard dealership financing, Credit.com also offers private party auto loans. You may want to choose a private party loan if you are buying a used car from another individual instead or from a dealer.
These prequalification requirements apply for private party financing:
Amount: $7,500-$75,000
Repayment term: 12-72 months (1-6 years)
Model year: 2003 or newer
Millage: 80,000 miles or fewer
Income: $2,000 minimum monthly gross income
Credit requirement: above 600
No bankruptcy, repossessions, or judgments/liens in past 3 years
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