How Car/ Truck Loan Works

Be it for a new or used vehicle, we at Installment Loans will help you to find the right loan deal. To get started, you will have to first fill in an online application form. Fill in the form with all necessary details completely and correctly and submit it. We will start processing your request immediately and forward it to efficient lenders.

Ahead of applying for this loan it is important to first decide the model and make of the vehicle you are planning to buy. This will help you to determine the amount of cash you will exactly need to borrow. This loan can be obtained with fixed, variable or flexible interest rates. With so many options available it will easy for you to plan according to your budget and you will always know what the loan will cost you at the end of the term.

Once approved, the money will be wired directly into your checking account. Usually, 80% to 90% of the total value of the vehicle can be obtained against a car/truck loan. Make use our free loan calculator to find out how much longer you will need to make repayments to pay off your loan.