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MyAutoLoan Reviews


bestfor-icon Competitive Rates on Auto and Motorcycle Loans

Written by Bob Phillips

About MyAutoLoan | Read More


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Mon - Sun 24/7
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  • Headquarters: 5005 W. Royal Lane, Suite 209 Irving, TX 75063
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MyAutoLoan Auto Loans Review

MyAutoLoan provides multiple types of car loans at different levels, depending on the borrower’s credit score and the lender selected. MyAutoLoan does not service any account that originates through their service, and they do not have a telephone number for customer support anywhere on their website. They do have a sales number that is answered 24/7.

MyAutoLoan Auto Loans Highlight


Min Credit Score


APR. Fixed Rate


Loan Amount


Repayment terms


Soft Credit Pull


Lender Type


Other Fees


Origination Fee


Prepayment Fee

24 hours

Funding Time

10 Years

Max Vehicle Age

Auto Loan Refinance

Min 3.6%

APR. Fixed Rate


Refinance Amount

Pros & Cons

  • con-icon Competitive interest rates
  • con-icon Accept credit scores of at least 575
  • con-icon Very efficient application process
  • con-icon Good range of loan options
  • con-icon An $8,000 minimum loan for new cars
  • con-icon Restrictions on certain vehicles
  • con-icon No support for Hawaii and Alaska residents

Auto Loan Types

  • New Car Loan
  • Used Car Loan
  • Lease Buyouts
  • Cash-out Refinance Loans

Vehicle Types

  • Car
  • Motorcycle

MyAutoLoan Auto Loans Terms & Requirements

MyAutoLoan’s terms and requirements are industry standard and acceptable. All applicants and co-applicants must be at least 18 years of age, must have a minimum income of $21,000, and cannot have any open bankruptcies. Depending on the lender, a down payment may be required.

How to Apply

The process to apply for a vehicle loan through MyAutoLoan is fast, with three easy steps:

  1. Create login and select loan type
  2. Complete private, secure, and confidential loan application
  3. Review and compare up to 4 offers and select a lender

*After the final step is completed and if qualified, up to 4 lenders with rates and terms will be displayed. You can then choose a lender and provide them with more information to close the loan.

Qualification Requirements

  • A credit score of at least 575 and no active bankruptcy
  • Minimum age of 18 for borrower and co-borrower (if applicable)
  • Minimum income of $21,000
  • Vehicles must be 10 years old or newer
  • Vehicles must have 125,000 miles or less

Required Information

Will vary by lender, but may include:

  • Proof of address
  • Last pay stub to verify income
  • Driver’s license
  • Banking information

Application Steps & Time Frames

  • Complete application (5 minutes)
  • Wait for lender offers (30 – 60 seconds on average)
  • Receive funding (usually one business day)

State Availability

Available - Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming,

Not Available - Alaska, Hawaii,

Written by Bob Phillips linkedin-icon twitter-icon

Having spent over fifteen years helping people plan their lives financially, Bob has a vast amount of knowledge concerning personal finance. During his career, Bob mastered many different financial products to help people achieve their financial goals, including life insurance, disability insurance, mutual funds, and stocks and bonds. He earned the Chartered Life Underwriter (CLU) designation and held numerous securities licenses. Bob is an internationally published poet and is now a freelance writer living in North Texas with his wife and Doberman puppy.



Does MyAutoLoan offer title loans?

MyAutoLoan does not offer title loans and believes they are unsafe for consumers. For example, a $2,500 title loan on a $15,000 car means you’ll lose ownership of your vehicle if you can’t pay off the loan before the due date.

Can I apply for a loan with MyAutoLoan if I have bad credit?

We encourage people with bad credit (bankruptcies, repossessions, etc.) to apply. In some instances, MyAutoLoan can match them with a lender who approves applicants with poor credit, though your interest rate and payment amount will be higher than average.

Do you check my credit history when I apply for a MyAutoLoan?

A soft credit pull is done when you apply with us, meaning your credit will not be affected. The lender providing you with the loan may check your credit before issuing you a check.

Customer Support

MyAutoLoan does not offer customer support. Borrowers must seek service for their account directly from the lender who made the loan. MyAutoLoan does have a 24/7 phone number for inbound callers seeking sales support and needing questions answered before applying.

In Conclusion

MyAutoLoan is a reputable company with an A+ rating from the Better Business Bureau (BBB). It provides up to 4 quotes from different lenders within 30 seconds from when someone submits an application. MyAutoLoan does not fund or service the loans; they strictly match prospective borrowers and lenders.