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Caribou Financial vs. Carloans.com Comparison

Compare providers side-by-side, allowing for easy comparison of features, rates, and terms. The comparison tool encourages individuals to thoroughly review all aspects of each service before making a smart financial decision.

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Car Loans

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Car Loans

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Good For
Specialized Platform For Auto Refinance
Good For
Get Approved in 2-Minutes
APR

5.99-28.55%

APR

3.2-24%

Repayment terms
24-80 months
Repayment terms
12-84 months
Min Credit Score
620
Min Credit Score
320
Loan Amount

$10K-$125K

Loan Amount

$1K-$100K

Lender Type
  • Marketplace
Lender Type
  • Marketplace
Prepayment Fee
None
Prepayment Fee
None
Refinance APR

Min 5.99%

Refinance APR

Soft Credit Pull
Yes
Soft Credit Pull
No
Pros
  • Low APR starting at 5.99%
  • Minimum income criteria of $24,000
  • Add-on services to preserve vehicle value
Pros
  • Quick and simple application form
  • Loans available to people with bad or no credit ratings
  • No fees associated with the loans
Cons
  • cons Customer support can be slow during peak hours
  • cons No new car loans or motorcycle refinance
  • cons Flat $399 fee for all Refi loans
Cons
  • cons Limited information available online about the loan terms
  • cons No soft credit pull available
  • cons High APRs if your credit rating is very poor
  • cons No visibility of lending partners
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