Need a car loan?

Complete the credit applicationĀ in minutes, and we'll help you find the best rates.

What to Know About Applying for a Car Loan

If you're like most people, you will need help paying for your next used vehicle. At Impex Auto Sales in Greensboro, we will do whatever it takes to help you get financing. To make the process of financing a vehicle easier and more convenient, you can apply for credit either in person or online.

You Will Need to Provide Basic Information About Yourself

The finance application will ask for information such as your name, address, and employment status. You may also be asked to provide your annual income as well as whether you rent or own a home. The answers that you give will be used to verify your identity and determine whether you qualify for a loan. If you do qualify for a loan, your income and debt figures will be used to determine the interest rate that you'll pay or if you need a down payment.

A Loan Decision Will Be Made Quickly

If you apply online, you will likely know within minutes whether you have been approved for financing and what the proposed loan terms are. Generally speaking, you'll have 30 days to decide whether you want to accept the offer or continue to shop for a loan. In the event that you aren't approved for financing, you may want to consider adding a cosigner to your loan or making a larger down payment. In most cases, you can resubmit your application for lender approval after finding a cosigner or adjusting the amount that you would like to borrow.

Visit Impex Auto Sales Today!

If you need more information about the process of obtaining a car loan, the folks at our location in Greensboro will be happy to help you. If you're inĀ  Asheboro, you can contact us online, by phone, or by seeing us in person during normal business hours.