Frequently Asked Questions
How long will it take before I get a decision?
We process your application once it lands on our desk, so it shouldnít take long
before you hear from us. You can get approved for a car loan in just a matter of
USEFUL TIP: Make sure to fill in all fields in the application form with
the required information. Incomplete application may delay the process or even
result in denial.
How much can I get approved for?
The loan amount you will receive depends on several factors including, but not
limited to, the amount of down payment youíre willing to pay, credit rating and
the vehicle you want to finance.
USEFUL TIP: Use our pre-approval calculator to get an estimate of the
loan amount you will most likely get. The computation is based on your credit
rating, monthly income, and other expenses.
Can you finance any type of vehicle?
Yes. You can pick your own car and weíll work on financing it.
USEFUL TIP: Itís best to arrange financing first before visiting a
What if my credit isnít stellar?
You have a chance to get approved for an auto loan with Colorado Springs Auto
Approval Center whatever the type of your credit. Also, we specialize in bad
credit auto loans.
USEFUL TIP: Get a copy of your credit report and find out your credit
score before applying for an auto loan. This gives you an idea of how your
credit looks like.
Do I need to pay for your service?
You donít have to pay any fee for our service. Itís our pleasure to see our
clients drive happily in their own set of wheels.