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CarFinance.com Review

PROS / This direct lender funds loans with terms of up to 72 months.

CONS / At $2,000 a month, CarFinance.com has the highest monthly minimum income requirement of the services we reviewed.

 VERDICT / While CarFinance.com is a direct lender with a quick online application, it also has the strictest requirements and restrictions on its loans of any service we reviewed.

CarFinance.com is an auto loan service operated by Flagship Credit. This service is a direct lender and offers loan refinancing and car insurance in addition to car loans. CarFinance.com has an easy online application process, but it may not be the best choice if you want to get multiple loan offers.


When choosing an auto loan service, it's important to choose a service that offers versatile loans. You should be able get a loan that you can take to different dealers as you shop around for cars. The loan you receive through CarFinance.com allows you to do this, giving you important flexibility as you search for the right car. The loans you get can be used at franchised dealers and certain independent dealerships.

CarFinance.com provides useful tools to help you find and compare cars. This tool is powered by TrueCar and is similar to tools offered by other services we reviewed. The auto loan you receive from CarFinance.com can be used to buy a car no older than 2009 with up to 100,000 miles. The mileage restriction is standard for many services, but the age restriction is the lowest on our reviews, which can limit the number of cars you can use your loan for.

As this service is a direct lender, the application process is managed through Carfinance.com and not a third party. The application is online, and once complete, you should find out if you're pre-approved the same day you apply. Once you're approved, you need to take your funding certificate and any other necessary documents to the dealer you choose to buy from. There is an online portal where you can upload documents, track your loan progress and set up automatic payments.

CarFinance.com does have higher restrictions on its loans than other services. You need to have a monthly minimum income of $2,000 to be eligible for a loan, which is higher than the typical service. The minimum loan amount is $10,000, also much higher than most other services.

This auto loan service has quality customer support, receiving a 100 percent on our customer service score. The reps we spoke with where helpful and thoroughly explained the application process to our reviewers. CarFinance.com has a thorough knowledgebase on its website that offers detailed information about what to look for in an auto loan.


CarFinance.com is an auto loan service with a quick online application. It has the strictest restriction on its loans of any service we reviewed.