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Truck Financing Applicable Fees / Policies - *Explained

 

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I've been Approved for Financing.
What other fees
(if any) should I expect to pay?

Most lending institutions do not charge additional fees of any type other than their regular flat rate loan origination fees, however - some loan brokers and outside loan originators sometimes do charge additional application origination fees which range from $250.00 to $500.00 per/loan. Additional fee amounts are determined by the loan origination company themselves. - Many Banks who provide home mortgages call these fees POINTS, which are usually paid upfront or blended into the payback term of the loan.

NO OBLIGATION
If after you are Approved, you are informed of additional fees by a lender or loan broker, please keep in mind that you are under NO OBLIGATION to accept funding from any lending sources derived thru our site.

Credit History questionable?

If you know, or think you have bad credit history as a result of issues such as recent repo, slow pay history, bankruptcy over the past 3 to 4 years, no credit history, low credit score, etc., you may want to obtain a copy of your credit report in order to clear up items that may be blemishing your record and displayed as bad marks.

Free Credit Report Information:

You can request a free credit report online here if you have been denied financing 'already'. For additional info you can contact the Credit Reporting Agency that denied you financing.

How can I find out where I stand - prior - to submitting a detailed truck financing application?

Click Here to request the most current copy of your Credit Report.
Once you get the report in the mail or over the Internet, contact us and our financing people will contact you directly and go over your report with you on the phone explaining exactly where you stand.

*Info provided on this page pertains to, truck financing, used truck loans, new truck loans, commercial financing.