Publish Date - December 31, 2018
Author: Dale Peterson
Auto Loan Requirements
General Preferred Placement Qualifying Guidelines
Note: These guidelines are myAutoloan.com's general Preferred Placement guidelines and not those of lenders participating in the Preferred Placement marketplace on the myAutoloan.com web site. Meeting these guidelines does not guarantee approval or acceptance of a loan product by myAutoloan.com or participating lenders. If you do not meet all or part of the above guidelines and complete a Preferred Placement form the ability for myAutoloan.com to match your Preferred Placement profile to a participating lender is greatly reduced and myAutoloan.com may not be able to identify a lender to forward and review your Preferred Placement profile for a loan decision.
- You and/or co-qualifier must be at least 18 years of age.
- Minimum income of $2,000 per month or $24,000 per year.
- Time at residence, last 2 locations greater than 6 months.
- Time at job, last 2 employers greater than 6 months.
- No open bankruptcies.
- Valid social security number.
- Lives in a state where myAutoloan.com is currently doing business.