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CarsDirect Reviews


bestfor-icon Finance a vehicle while Rebuilding Credit Scores

Written by Ali Rivzi

About CarsDirect | Read More


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Opening Hours Opening Hours drop-down-btn
Mon - Fri 7:00 AM - 6:00 AM PST
Sat -Sun Closed
Contact Information Contact Information drop-down-btn
  • advisor@carsdirect.com
  • (888) 227-7347
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CarsDirect Auto Loans Review

CarsDirect auto loan process has a quick and easy application process, which the platform uses to connect you to lenders. The application generally takes under 2 minutes and a dealer partner will reach out to you within 24 hours to discuss your options. CarsDirect works with people with bad credit and no credit; they also work with clients with past bankruptcies.

CarsDirect Auto Loans Highlight


Min Credit Score


APR. Fixed Rate


APR. Variable Rate


Loan Amount


Soft Credit Pull


Lender Type


Other Fees


Origination Fee


Prepayment Fee

2 days

Funding Time

Pros & Cons

  • con-icon People with bad credit and no credit history are viable for loans
  • con-icon You can get a loan with records of bankruptcies
  • con-icon The company has a fast application process
  • con-icon It is a marketplace with a variety of lenders
  • con-icon A low credit score is accompanied by high-interest rates
  • con-icon It is not a direct lender
  • con-icon Scanty details have been published regarding loan information
  • con-icon Some customers have complained regarding customer service

Auto Loan Types

  • New Car Loan
  • Used Car Loan
  • Lease Buyouts
  • Auto Refinance Loans

Vehicle Types

  • Car

CarsDirect Auto Loans Terms & Requirements

Carsdirect’s platform connects buyers with lenders; therefore, requirements may vary depending on the lender you choose to go with. However, borrowers with bad or no credit history should keep in mind that they may be faced with higher interest rates and more fees. Generally, people with a credit score higher than 660 will get better loan terms.

How to Apply

CarsDirect’s application process is simple and easy, users should head to their homepage and click Auto Loans at the top of their screen. From there you will be redirected to their auto loans page where you can click “Get Started”. The application is simple and easy, and should only take about 2 minutes.

Required Information

CarsDirect has an online application that should take 2 minutes. It requires some personal information, including but not limited to name, date of birth, home address, rental details, contact information, social security number, income and occupation, and list any previous bankruptcies.

Application Steps & Time Frames

Once the application is submitted:

  • A lender should reach out to you within 24 hours to discuss your financing options. 
  • You can search and select a vehicle. 
  • Get approved and drive off with your vehicle within 2-4 days.

State Availability

- Available in all states

Written by Ali Rivzi linkedin-icon

Ali Rizvi is a published author, financial analyst, and market researcher. He's passionate about providing in-depth insights and analysis in the finance and blockchain industries. With a Bachelor's in Finance from Purdue University and a background studying abroad at the University of Cambridge, he brings a wealth of knowledge and expertise to the table.



Can I apply for financing with bad credit?

Yes, CarsDirect works with people with bad and no credit histories, even with people who have previous bankruptcies.

Does CarsDirect provide refinancing options?

Yes, CarsDirect can connect you with lenders that provide auto-loans refinancing.

Is CarsDirect a legit platform?

CarsDirect bridges the gap between buyer and seller, as well as borrower and lender. Prior to committing, however, it is best to do your own research on the lender or car dealership; and shop around for loan terms i.e. interest rates, duration.

Customer Support

CarsDirect has the address and phone number for their corporate headquarters listed on their website, however, they do not list any business hours. CarsDirect has an email and phone number listed on their website for inquiries, and usually reply within 48 hours to any emails. Should any customer have a question about a specific vehicle or loan, they will be redirected to the respective dealership or lender, and a representative will reach out soon after.

Privacy & Security

Though CarsDirect does not have a Better Business Bureau (BBB) profile, they have a Trustpilot page. Some customers have provided 5-star feedback, while others have disseminated a few complaints. The company also has a privacy policy that applies to the sites and services rendered to borrowers. It covers all information collected, how the garnered information is used, and the choices available to access and update that information.

In Conclusion

CarsDirect provides an all-in-one site for purchasing and financing vehicles. They have a reputation for finding financing options for people with bad or no credit history; however, it would be wise to compare different options when purchasing a vehicle. Borrowers with bad credit may end up with higher fees and higher interest rates.

Brand Disclaimer

We are not a lender and do not make loans or credit decisions in connection with loans or pre-qualify any consumer for a loan. When you submit a request for financing or information using our services, we may submit your information to one or more third party lenders or other brokers, aggregators or referral services, and other reputable third parties in connection with fulfilling your loan request or other request for insurance, marketing, vehicle sales or leasing, or other products and services, and your information may be shared in accordance with this Supplemental TOU and our Privacy Policy. We generally send a user’s information to one or more lenders based on the consumer’s location, the requirements provided to us by the lender and other agreements between us and the lenders and we may receive compensation from the lender in connection with submitting your loan request. Although we strive to connect all users with a lender in their area, we do not guarantee that we will be able to connect you with any lender. In some circumstances, we may not be able to send your information to a lender or other brokers, aggregators or referral services, for reasons which may be based on the information you provided in your loan request, your location, or the lender requirements communicated to us.

All lending decisions are made by the lender and we do not guarantee approval or that any loan terms or rates provided or offered to you will be the best terms or the lowest rates available in the market. We do not guarantee that submitting your information through the sites or services will result in you being matched with a lender for further processing. We do not guarantee that you will be offered auto financing related to your loan request, nor do we guarantee that any auto financing or loan product you are offered by a lender will include rates or terms satisfactory to you. Any offerings made to you will be done so by the lender and not by us. We do not endorse or recommend any specific lender or act as a representative or agent for any lender. Services listed on the site do not represent all financing or credit options, products or services available in the market. Not all consumers may be approved and individual loans terms and rates may vary based on the lender’s credit determinations, amount financed and other factors. The lender may perform a credit check or other credit evaluation in making their lending decisions. Nothing contained on our sites, services or in these Supplemental TOU constitutes an offer or promise for a loan commitment or interest rate lock-in agreement. There is no guarantee that a loan will be given to any user using these services.

You should rely on your own judgment in deciding which available loan product best suits your needs and financial means. The lender you select is solely responsible for its services to you, and you agree that we will not be liable for any damages or costs of any type arising out of or in any way connected with a loan obtained from any lender or your use of a lender’s products or services.

The services listed on our sites may not be available in all states and you should check with the lender for availability. We and the lenders expressly reserve the right to discontinue, suspend or terminate the offering of any services at any time.