Frequently Asked Questions

I am not in a situation to pay a large down payment. Will I be able to get auto loans with little down payment?

It is not a requirement to provide a large down payment for auto loans. In fact, depending on the loan type you have applied for  you may not even have to give a down payment.

Are there any auto loans for people with bad credit?
 
Yes, we have special finance programs for people with bad credit. It is not necessary to have a good credit to be approved.

If my credit is bad, will I be able to get finance for the vehicle of my choice.

Bad credit does not prevent you from getting auto loans for the vehicle of our choice. You will be given complete freedom to choose your vehicle.

Will it be possible for me to apply for auto loans via phone?

Our privacy policy does not allow us to accept application made by phone. You will have to fill in our secured application form to apply. 

Is co-signer a necessity for auto loans?

A co-signer is necessary only in some cases. If you have a stable income and required repayment ability, a co-signer would not be asked for.

Do you offer auto loans in all states?

Our auto loans are available nationwide.

How long will it take for you to contact me?

We usually respond back within few hours with a decision. Make sure all the information you provide is correct. This will make the application process faster. 

Is there any fee to apply online?

No there are no charges to apply. And the entire application process is no obligation.

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Current Application Status
  • Eleanor W. pre qualified for an auto loan with bad credit.
    Feb 04, 2012 - 03:32 am
  • Florence C.'s auto loan application has just been processed.
    Feb 04, 2012 - 01:39 am
  • Claire H.'s auto loan application has just been processed.
    Feb 04, 2012 - 03:36 am
  • Dawn L. has just qualified for a bad credit auto loan
    Feb 04, 2012 - 01:59 am
  • Chris T.'s auto loan application is being processed.
    Feb 04, 2012 - 02:04 am
  • Jason L. has just been given a bad credit auto loan approval.
    Feb 04, 2012 - 02:09 am
  • Miriam S. has pre qualified for a car loan.
    Feb 04, 2012 - 03:15 am
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    Feb 04, 2012 - 02:56 am
  • Jamie T. has just submitted a car loan application.
    Feb 04, 2012 - 01:56 am
  • Marvin D.'s auto loan application is being processed.
    Feb 04, 2012 - 02:24 am
  • Anthony H. has pre qualified for a car loan.
    Feb 04, 2012 - 02:45 am
  • Warren H. has just submitted a car loan application.
    Feb 04, 2012 - 02:48 am
  • Jill J.'s bad credit auto loan application has been approved.
    Feb 04, 2012 - 02:58 am
  • Timothy J.'s bad credit auto loan application has been approved.
    Feb 04, 2012 - 02:00 am
  • Franklin W. pre qualified for an auto loan with bad credit.
    Feb 04, 2012 - 03:34 am
  • Heather C. has just qualified for a bad credit auto loan
    Feb 04, 2012 - 03:26 am
  • Ruth R. pre qualified for an auto loan with bad credit.
    Feb 04, 2012 - 02:49 am
  • Eva B. has just submitted a car loan application.
    Feb 04, 2012 - 02:17 am
  • Tracey W. pre qualified for an auto loan with bad credit.
    Feb 04, 2012 - 02:55 am
  • Joshua G. has just been given a bad credit auto loan approval.
    Feb 04, 2012 - 02:34 am
Customer Feedback...
  • Member
    On On On On On

    I have very bad credit. The worst! Late pays, delinquent accounts…you name it! Not only did Universal Auto Loans get me approved for my bad credit auto loan, I was able to buy the car I’v[...]

  • Member
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    I am now driving a used car that I just purchased and couldn’t be happier. You saved me so much frustration and leg-work. Way to go Universal Auto Loans.[...]

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