1. What is Repo Car Loans?
2. Why should I use Repo Car Loans?
3. What are the requirements?
4. The benefits?
5. Is there a minimum credit score required for a loan approval?
6. How do I know what interest rate I can expect?
7. How long does it take to get an car loan?
8. What should I expect while getting an car loan?

1. What is Repo Car Loans?

Repo Car Loans is part of the Driver Credit Automotive Network. We are dedicated to simplifying the process of helping you get into a new or used car. We match you with a lender in your area that is eager to speak with you about your application.

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2. Why should I choose Repo Car Loans?

Repo Car Loans assures all approved applicants are contacted by a lender in their area within 24 - 72 hours.

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3. What are the requirements?

• Make at least $1800.00 gross monthly income
  
• Have at least 6 months of Employment

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4. The Benefits?

• Match you with lending partner that can help you get a new or used car loan, even after being reposessed.
• Simple Payments - A payment plan that meets your budget
• We work with you - We want to match you with the best loan to help you through this time.
• Rebuild your Credit - All credit agencies will review your loan status and if positive, increase your credit
score!

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5. Is there a minimum credit score required for loan approval?

There is no minimum credit score to submit an application with Repo Car Loans. Submitted applications are matched with lenders in your area based on the lender’s subjective ranges for acceptable credit scores. Repo Car Loans works with many lenders who specialize in loans available to those with reposessions, bankruptcies or bad credit.

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6. How do I know what interest rate I can expect?

Repo Car Loans does not supply interest rates. Complete an online application to receive a quote from a lender.

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7. How long does it take to get an car loan?

Once you have submitted an application, Repo Car Loans instantly matches you with a lender in your area that will contact you within 24 - 72 hours to discuss the specifics of your application.

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8. What should I expect while getting an car loan?

Once you are matched with a lender, they will call you to set up a meeting regarding your loan. Your preparation for this meeting is essential in accelerating the loan approval process. We recommend having the following prepared prior to your appointment:

Financial Items:

• A Credit Check – Get a credit report on yourself
• Reference Checks – Prepare a list of your references with the name, phone number, and address of each person
• Co Applicant Requests – Have the contact information available for a co-applicant, should one be required.
  
  Other items to prepare:

• Trade Ins – If you are planning to trade in your vehicle, make sure that it is clean and in good running condition.
• Realistic Monthly Payments– Make sure that you are deciding on a financial payment plan that is manageable for your income. Use our Car Loan Calculator to find a payment that you can afford.
  

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