Auto Loans for Students
Tired of riding the bus? Sick of walking in the cold, rain and/or snow to class? Perhaps you just got a new job and need transportation to and from work. If you are a student looking for an easier way to get around, we can help you! We offer several affordable student car loan programs for buying and financing a new vehicle. We will assist you in making sure that your auto purchase experience is a stress free one!
What kind of credit do I need to have in order to get approved for a college student auto loan?
Having no credit is no issue. We can even get students approved for car financing if they have bad credit. In fact, the auto loans we provide are a great means of building credit! Your monthly payments are reported to all three major credit bureaus. A positive payment history will reflect a positive credit history!
What kind of rates are associated with the student car loans you provide?
Premier Auto Financing will work within our lender network to get you with the lowest rate possible for your student car loan. Students with no credit or bad credit are often looked at as a higher risk than a student with good credit. So if you fall into the bad/no credit category, you can expect to have a slightly higher rate. You can learn more about auto loan rates.
Will I need a co-signer when I apply for a student car loan?
The lenders we work with require no co-signers for up to $30,000, even if you have bad credit or no credit. As a student, applying for a loan of more than $15,000 is not practical, nor do we recommend it. However, a co-signer with decent credit can help you obtain a more favorable interest rate for your loan?
Do I have to buy a car from a specific source when I apply for student financing with your company?
The answer is no. You can use the student auto loans your receive for purchasing from a private seller or from a dealer. So, you can literally buy any make or model of new or used car you want!
I have never applied for any type of loan before. Will someone be available to help me with the financing process?
Absolutely! We have trained special finance professionals that are standing by to answer any questions that you may have about the student auto loan process we offer. You can contact us with any questions, comments or concerns at any time of your application process, before and after you submit your financing request.
Premier Auto Financing takes pride in helping first time car buyers achieve their goals. We have assisted thousand of college students get in new cars and on the road!