Auto Loans

The pre-qualification process for financing does NOT affect your credit score. Getting pre-qualified initiates a soft pull on your credit, which can analyze your credit history without showing as an inquiry.

A similar instance where this happens is when you receive a credit card offer in the mail. The creditor runs a soft pull on your credit to see if you qualify for their credit card, and if you do, they send you mailers.

Getting pre-qualified for financing is the step prior to getting approved. The pre-qualification process is simple and quick. All you need to do is provide some basic information about yourself. With this information, the lender can give you a good idea of what your payment options will be, all without affecting your credit score.

Getting approved may involve providing additional documentation to allow the lender to make a full determination of your creditworthiness. LoanCenter will obtain your credit report, causing an inquiry to be recorded, which may slightly lower your credit score. 

After you become pre-qualified, we suggest you browse through our vehicle listing pages to find the perfect vehicle that fits your financing needs. Each vehicle listed on the site will show whether you are pre-qualified and if so, will show your calculated interest rate and monthly payment. Once you find a vehicle, you can further customize your down payment and term length options to see the effect on your monthly payment.

Once you are satisfied with your financing, you can print out a voucher by pressing “Save this offer” or continue with the buying process.

After you pre-qualify for financing on our website, visit any vehicle page that you pre-qualify for and press “Save this offer”.

After you find a vehicle that fits your financing needs, we suggest you do the following:

Print the voucher by pressing “Save this offer” and take it with you to the dealership. This will allow the dealer to find your deal and, as long as your information hasn’t significantly changed from what you entered, then your approval can match your pre-qualification. From there, you can work on the remaining paperwork and bring your car home!

Financing and payment options from pre-qualification results are not guaranteed as they are rough estimates given based on the limited information provided during pre-qualification.

Absolutely! Here are LoanCenter, we help pre-qualify people for financing across all credit situations.

You can find dealership contact information on vehicle detail pages. We suggest that you pre-qualify on our website first before contacting a dealership so that you know your financing options before speaking to the dealer.