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Auto loans lender reviews methodology

1 min read February 7, 2024
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Score Breakdown
  • 4 - 5 stars is exceptional
  • 3 - 4 stars is above average
  • 2 - 3 stars is average
  • 0 - 2 stars is below average

Bankrate score

Rating: 4.5 stars out of 5
4.5
Bankrate score

Bankrate review score

Rating: 4.5 stars out of 5
4.5
Breakdown
Minimum loan amount 20%
Maximum loan amount 20%
Loan types 20%
State footprint 20%
Dealership requirement 10%
Repayment term options 10%
Bonuses awarded for
  • Offering lease buyout or electric vehicle loans.
Breakdown
Minimum APR 25%
Maximum APR 25%
Discount for autopay 25%
Fees (origination, late payment, prepayment, etc.) 25%
Bonuses awarded for
  • Flexible acceptance criteria.
Breakdown
Online access 50%
Customer support hours and options 20%
How long offered rates are good for 20%
Recurring/automatic payment option 20%
App availability 20%
Breakdown
Prequalification 50%
Monthly Rate and fee availability fee 50%