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any exp with roadloans?

bubbles0605
Regular Contributor

any exp with roadloans?

hey everyone,
We really need a new car and the only one to approve us was roadloans.
We got 16.24% which is high but i figure i can refi in a yr.
Any advice or exp with them is appreciated!
 
Thank you
Starting Exp-545, TU-531,EQ-515
DH starting Exp-503,TU-486,EQ-470
short term goal: mine-600, DH-550
Message 1 of 4
3 REPLIES 3
VWguy
Member

Re: any exp with roadloans?

Most dealers will not allow you to take the car the same day.  They told me they need to have the check clear before I could take the car.  I would have the dealership run your credit and see if they can do better.  I was approved for 15% with Roadloans and then VW ran my credit and got me 9%. 
Message 2 of 4
bubbles0605
Regular Contributor

Re: any exp with roadloans?

They did try and said they "couldnt get any bank to bite". DH's highest score is 602 when they ran it the other day. I dont mind waiting a couple days or so. I just want to make sure they are reputable.
Starting Exp-545, TU-531,EQ-515
DH starting Exp-503,TU-486,EQ-470
short term goal: mine-600, DH-550
Message 3 of 4
VWguy
Member

Re: any exp with roadloans?

I think Roadloans have been in biz for awhile so I'm sure they are fine.  I did a search on here for Roadloans and people seem to like them.  I would go for it and then re-fin in 6 months or a year.  Just make sure you get a car with a high re-sale vaule.  It will be easier to re-fin then if you have a car that has not depreciated a huge amount.
Message 4 of 4
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