When the auto-partplace.com team decided to choose an auto loans vendor, we decided to provide only the best...
Lenders verify if you have had a car loan before. If not, even with a high credit score, you may end up paying a higher APR, or you can get rejected. You can have a high score and if your current debt load is high, they might reject you. If you're a corporate employee, school district, government agency, college, etc., you probably have a credit union. Credit unions are easier on you than banks, they'll lend you more money at favorable rates, usually 2% better, but not as good as the auto loan sites. Your credit union can approve you over the phone in minutes, printing your credit report during the call. They'll tell you what you qualify for. I have found more often than not, the online lenders rates usually beat even the credit unions.
