myAutoloan.com Review 2025

Loan terms and requirements at myAutoloan.com

Compare other lenders:
New and used car lenders.
Auto refinancing lenders.
Lease buyout lenders.

About myAutoloan.com: a closer look

myAutoloan.com has provided vehicle loans since 2003. The company is a lending marketplace that matches loan applicants with up to four lenders. While many auto loan aggregators focus on only a few types of auto loans, myAutoloan.com has lenders to finance the purchase of a new or used car, refinance a car, buy out a lease or purchase from a private party.

When reviewing and rating auto loan aggregators, NerdWallet writers gather information pertaining to customer experience, transparency, loan affordability, loan requirements and flexibility. myAutoloan.com has consistently scored high for transparency and disclosures. This category takes into account how willing a company is to provide information to us, and whether consumers can find information, such as interest rates and minimum credit score, on the company's website.

Do you qualify for a myAutoloan.com loan?

Here are myAutoloan.com's minimum borrower requirements to qualify for an auto loan. Because myAutoloan.com works with many different lenders, some requirements shown are minimums that will vary from lender to lender. Note that meeting these requirements doesn’t guarantee approval. However, since aggregators work with various lenders, some may be more flexible with minimum requirements when considering an applicant's total financial picture.

Other myAutoloan.com details

• Pre-qualification and preapproval. The company says more than half of its lending partners offer pre-qualification with a soft credit check, but other lenders go directly to credit approval that results in a hard credit inquiry.

• Upfront fees. myAutoloan.com does not charge an origination fee itself. However, lending partners may charge processing fees that are passed through to the borrower.

• Interest rate discounts. A myAutoloan.com representative says less than half of its lending partners offer an APR discount when a borrower sets up autopay. Among lenders that do, the highest possible discount is 0.25%.

• Refinancing time restrictions: Borrowers must wait a set number of months (up to three months) after closing on their previous loan to refinance through myAutoloan.com. Although not a requirement, it's preferred that the borrower has at least 18 months remaining on the existing loan.

• Deferred payments. Some lending partners will defer payments at the loan beginning for up to 60 days.

• Contacting myAutoloan.com. myAutoloan.com does not have a phone number on its website. It does provide a website form.

Back to About myAutoloan

myAutoloan.com may be a good fit for those who:

• Want upfront rate estimates. myAutoloan.com is one of the few aggregators that provides a rate chart as well as a rate estimator tool on its website. The tool gives you an estimated rate range based either on your credit type or actual credit score and does not affect your credit score.

• Don't mind hearing from multiple lenders: Once an applicant’s personal information is shared within myAutoloan.com's network, they may be contacted directly from matched lenders.

• Could benefit from having a co-applicant. myAutoloan.com can match applicants to lenders that allow both co-signers and co-borrowers. Having a co-applicant can help borrowers who might not qualify alone.

Before you apply to myAutoloan.com

• Check your credit. You can get your free credit report on NerdWallet or at AnnualCreditReport.com. If you find errors, file a credit dispute to correct them before you apply for an auto loan.

• Figure what monthly payment you can afford. Use an auto loan calculator or lease buyout calculator to determine what APR and repayment term you need to get monthly car payments that fit your budget. When you know your maximum car payment, a car affordability calculator can help you determine a realistic car price.

• Gather your documents. myAutoloan.com requires the following to submit an initial auto loan refinancing or lease buyout application: Social Security number or ITIN, address, time at address, phone, email, birthdate, employment status, employer name, income, housing status, housing payment amount, basic vehicle information.

How to apply for a myAutoloan.com loan

1. Complete an offer form online. You can apply for a loan through myAutoloan.com by filling out an online offer form on the company’s website. When applying, you’ll be asked to select what loan type you want and provide some personal information like your name, address, phone number, employment status, income, date of birth and Social Security number. You must also provide details about the vehicle you want to buy, if applicable, such as its estimated total cost. According to myAutoloan.com, more than half of its lending partners offer pre-qualification with a soft credit check. Therefore, the company notes that submitting an offer form may result in “soft credit and/or hard credit inquiries" from the lenders it works with. Pre-qualification won’t affect your credit scores, while preapproval may result in a hard credit inquiry which can temporarily lower your credit scores.

2. Choose a loan offer. If you pre-qualify, myAutoloan.com will match you with up to four offers from one or more lenders from its network. The company will then contact you by text to let you know that there are offers for you to view, after which each matched lender may contact you directly by phone, text or email. If you find a lender that fits your needs, you can formally apply for the loan, which will result in a hard credit check. Some lenders have application links embedded in the offer myAutoloan.com posts on its website. Offers from lenders expire 30 days from the time of your application.

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How do we review auto loan aggregators?

NerdWallet's review process surveys companies that offer any combination of new car purchase loans, used car purchase loans, auto refinance loans (traditional and/or cash-out) and lease buyout loans. These companies include direct lenders and aggregators; the latter group doesn't have in-house loan products but matches borrowers to third-party lenders within a network. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgements on which ones will best meet your needs. We adhere to strict guidelines for editorial integrity.

Because aggregators are not the actual lender and servicing of the loan passes to the lender in most cases, NerdWallet focuses most heavily on the front end of the loan process. This includes level of service/support and transparency, with less focus on the actual loan product. In all, our survey for aggregators includes more than 60 data points. NerdWallet independently confirms product details and, when necessary, follows up with company representatives. At least two writers and an editor verify the facts for every lender review to ensure data are accurate.

To receive a star rating, an aggregator must respond to NerdWallet’s annual auto loans survey. Star ratings are then assessed from poor (one star) to excellent (five stars).

For more details about the categories considered when rating aggregators and our process, read our full methodology.