Fill out one form and instantly compare up to four financing options.
Receive a digital certificate or check as soon as you’re approved.
Finance new, used, private-party, refinance, or lease buyout — all in one place.
Access lenders that consider a wide range of credit profiles starting around 600.
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Is MyAutoLoan a Direct Lender?+
No — MyAutoLoan is an online marketplace that connects you with lenders. Just fill out one secure form and instantly get matched with multiple offers tailored to your financing needs.
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Can I Finance Both New and Used Cars — Even from a Private Seller?+
Yes! MyAutoLoan works with lenders that finance new and used vehicles from dealerships or private sellers — including private-party loans that many traditional banks don’t offer.
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Can I Refinance My Current Auto Loan with MyAutoLoan?+
Absolutely. MyAutoLoan lets you compare refinance offers that may help you lower your APR, reduce monthly payments, or pay less in total interest — all by adjusting your loan terms.
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Does MyAutoLoan Offer Lease Buyout Financing?+
Yes — if you’re nearing the end of a lease and want to keep the car, MyAutoLoan connects you with lenders that offer lease buyout loans, so you can compare rates and purchase your current vehicle with confidence.
Financing your next car doesn’t have to be stressful or confusing. MyAutoLoan, a platform by Horizon Digital Finance, connects borrowers with multiple lending offers in minutes. Whether you’re buying a new or used vehicle, refinancing an existing loan, or purchasing from a private seller, the platform makes comparison easy — all in one place.
Why Use MyAutoLoan for Car Financing?
- Multiple Offers, One Application: Get up to 4 real-time loan offers from vetted lenders.
- Fast Funding: Some loans are funded within 24 hours of approval.
- Flexible Credit Acceptance: Score as low as 575 may still qualify with the right profile.
- All Major Loan Types Supported: New, used, refinance, lease buyout, and private-party.
- No Fees to Apply: Compare offers without cost or obligation.
- Simple Digital Process: Apply online, receive offers instantly, finalize from home.
MyAutoLoan acts as a matchmaking tool between borrowers and lenders. Instead of applying separately with banks, users complete a single form to receive personalized offers — helping them avoid unnecessary hard credit inquiries and wasted time.
What Types of Loans Can You Get?
- New & Used Auto Loans: Fixed rates and terms from 24 to 72 months. Great for first-time buyers or upgrading your car.
- Refinance Loans: Reduce your interest or monthly payment, with terms up to 84 months. Ideal if your credit score has improved.
- Private-Party Loans: Ideal if you’re buying from an individual rather than a dealership. The lender sends the check directly to the seller.
- Lease Buyouts: Finance the purchase of a car you’re currently leasing. A great choice if your lease buyout value is lower than current market prices.
Example Rate Snapshot
| Loan Type | Starting APR | Loan Term | Minimum Amount |
|---|---|---|---|
| New Auto | ~4.99% | 24–72 mo | $8,000 |
| Used Auto | ~5.24% | 24–72 mo | $8,000 |
| Refinance | ~4.95% | Up to 84 mo | $5,000 |
APR depends on credit profile, vehicle age, and lender terms. Prequalification uses a soft pull, so there’s no impact on your credit score.
Realistic Loan Simulation
Let’s say you’re buying a 2019 sedan for $20,000:
- Down Payment: $4,000 (20%)
- Loan Amount: $16,000
- Loan Term: 60 months
- Sample APR: 5.24%
- Estimated Monthly Payment: ~$305
- Total Repayment Over 5 Years: ~$18,300
A 1% difference in APR could save or cost you over $500 across the life of the loan. That’s why comparing multiple lenders is so critical.
MyAutoLoan vs Traditional Banks
| Feature | MyAutoLoan | Capital One | Bank of America |
| Offers Compared | Up to 4 | 1 | 1 |
| Private Seller Loans | Yes | Yes | No |
| Prequalification | Soft Pull | Soft Pull | Hard Pull |
| Approval Speed | 24 hrs | 1–3 days | 2–5 days |
MyAutoLoan’s edge is speed and transparency. You choose the lender that fits your credit profile and vehicle goals — not the other way around. This is especially useful if you have fair credit or need flexibility on vehicle age or purchase type.
Want to boost your approval odds, understand approval requirements, or lower your APR even further? Head to Page 2 for expert tips, approval scenarios, and insider strategies for every credit profile..
You will stay on our website.
Thinking about refinancing or a private-party purchase? Learn how to boost your approval odds on the next page.
