How do you get an auto loan from Santander Finance Company?


Quick Answer

Apply for a new or used car loan from Santander Finance Company online through the company's RoadLoans program or at an affiliated dealer, states Santander Finance Company. The online application requires income information, Social Security and date of birth, states RoadLoans.com. The site provides a decision within seconds and may include multiple loan offers.

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Full Answer

To increase your chances of obtaining an auto loan, you may add a co-applicant to your loan application, notes RoadLoans.com. The application requires the same information for the co-applicant as for the primary applicant.

As of 2015, loan amounts range from $5,000 to $75,000, states RoadLoans. If you intend to finance a used car, the car must have fewer than 120,000 miles and must be nine years old or less. Refinanced cars have stricter requirements and must have fewer than 105,000 miles and must be seven years old or less. Cars purchased from an individual can be up to 12 years old with fewer than 100,000 miles. The vehicle must have a clean title, without salvage, lemon law, floor or frame damage notations.

Santander does not offer refinancing for its existing auto loans through RoadLoans, notes the official site. The program also does not accept Chrysler Capital loans for refinancing.

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