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What is a person to person car loan?
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Last Updated
13th of April, 2010

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A person-to-person car loan, or buying from an individual auto loan, is financing for a car that you want to purchase directly from a another person and not a dealership.

Normally to qualify for a person-to-person loan you must have good credit history and income. Please review the minimum requirements below:
  •     Amount: $7,500-$75,000
  •     Repayment term: 1-6 years
  •     Model year: 2003 or newer
  •     Mileage: 80,000 miles or less
  •     Income: $2,000 minimum monthly gross income
  •     Credit requirement: above 600 FICO
  •     No bankruptcy, repossessions, or judgments/liens in past 3 years
Apply for a person-to-person auto loan today!

 If you do not meet these requirements and are not able to qualify for a person-to-person loan, you can always apply for an unsecured personal loan.



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