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RateGenius vs. Carvana 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
Find a Lender to Fit Your Terms
Good For
Hassle-Free Online Car Loans
APR

4.67-23.80%

APR

7.90-27.90%

Repayment terms
36-84 Months
Repayment terms
36-72 months
Min Credit Score
550
Min Credit Score
300
Loan Amount

Min $8K

Loan Amount

$1K-$100K

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

Min 4.67%

Refinance APR

Soft Credit Pull
Yes
Soft Credit Pull
Yes
Pros
  • Application is easy and simple
  • Most rates are at the lowest they've ever been
  • Older vehicles are considered
Pros
  • Simple overall experience
  • No minimum credit score, good for those with bad credit
  • No application fees, origination fees, or prepayment penalties
  • Prequalified terms last 45 days, giving you time to decide
  • Allows for a co-signer
  • 7-days money back guarantee
Cons
  • cons May charge origination fee up to $395
  • cons The minimum loan amount is could be lower
Cons
  • cons Only finances vehicles sold on Carvana
  • cons High interest rates if you have bad credit
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