Online Car LoanPosted by Nick Niesen on October 29th, 2010 If you want to get the advantage of checking with more than one lender when applying for a car loan without spending a lot of time, why not try online car loans? If you go for an online car loan, you?re sure to get the best car loan rates. That way, you do not only save your time, but your money, as well. What exactly makes online car loans better? You?ll be surprised at how much lower online car loan rates are compared to car dealers. You get to be charged a lower annual percentage rate (APR). Furthermore, no application fees are charged, particularly on new and used car loans. Your online car loan APR is locked for 60 days, while computations are made through an online car loan calculator. Naturally, an online car loan will definitely not cause you a single headache, bad credit car loan scams, and the frustration of car dealers. You?ll be sure your online car loan will be approved even in as fast as half an hour during business hours. You?re guaranteed that there are absolutely no car finance hidden charges, points or prepayment penalties with an online car loan. Your online car loan lenders will send your check, which will arrive the next day, via FedEx. There are several companies that are most preferred for their online car loan services. They offer free car loan quotes for new and used cars. These online car loan providers also offer car financing that can save you money many times over by getting you a loan at a much lower rate than you are already being charged. And whether you have good credit or bad credit, these online car loan companies are there to help you get the loan you need, at the lowest possible rate. These companies are Capital One Auto Finance, RoadLoans, ELoan and Car.com. RoadLoans is another top provider of online car loans. If you either have good or bad credit, you?ll be entitled to Roadloans? free online car loan application. It will only take a few seconds and you will usually get a response back within minutes. If approved, you will receive a check overnight. You can therefore negotiate the best price for the vehicle with the check in hand as you would like a like a cash buyer. Even after being approved for an online car loan with Roadloans, you are not under any obligation to use the check. If you get a better loan rate quoted to you by the auto dealer, no problem. Just tear up the check and discard it. There are no penalities or fees. Just like RoadLoans, Eloan doesn't require you to use the loan even after you're approved. If you are quoted a better loan rate, just tear up the check and discard it. You will not be charged the penalities or fees. Eloan provides online car loans as free no obligation service. Car.com gives its customers the ability to receive actual price quotes from partnered dealers in their area, research car prices, specifications and product reviews, obtain financing for their new or used car purchase and sell their car online. So why apply for an auto loan online? It's simple, fast and it can work for You! Like it? Share it!More by this author |