Looking For Car Finance In Hillsborough County FL During March 2020?
Getting the best deal on a car loan in Hillsborough County FL can save you a significant amount of money over the life of your loan. That’s why you need a partner who knows how to get you approved for the vehicle that you want at the lowest car loan interest rate possible and with no hassle.
The AllCreditCarLoans network of finance partners provides quick and easy auto finance decisions for all credit situations. Our finance partners are making more loans, approving buyers with lower credit scores, offering lower monthly payments and making larger loans than ever before. There has never been a better time to get an auto loan than right now.
By working with AllCreditCarLoans, you can get preapproved for a car loan before going to the car dealership, so that you can negotiate as a cash buyer and get the best deal possible.
So, no matter what your credit situation, if you are looking for a quick, no-hassle auto loan at the best rate, just click the button below to get the process started. Our one-page application form is simple and easy to use. It only takes a few minutes.
We Can Get You Financed Despite Any Special Circumstances
You need a new car and we are here to help you get it!
Your chances of obtaining vehicle financing are very good. Via our network of dealer and lender partners, we have many options available to get you financed. Difficult circumstances are our specialty and we have seen nearly every situation possible.
We have helped…
Car buyers get their first car
Car buyers with a past repossession
Car buyers with a past bankruptcy
Car buyers who are paid in cash
Car buyers who are self-employed
Car buyers who receive social security benefits
Car buyers who are on disability
Car buyers who are retired
Car buyers with no money to put down
Car buyers with a trade-in vehicle
Apply today and let us start helping you get that new car that you need!
Watch Our Video On Getting A Car Loan In Hillsborough County FL
AllCreditCarLoans Follows A Simple 1-2-3 Auto Loan Application Process
No need to wait for hours at your nearest dealership or submit tons of paperwork. No need to worry about your credit history. With AllCreditCarLoans, everything is as easy as 1-2-3.
- 1 - COMPLETE OUR APPLICATION - This process only takes a few minutes. Our online application is secure, so you don’t have to worry about the safety of your information. There are no fees or hidden charges. Applying is totally FREE.
- 2 - RECEIVE YOUR LOAN APPROVAL - Getting your loan approval is fast and easy. We have an extensive lending network, so the loan approval process is efficient. You don’t have to wait for days, weeks or months. Many applicants receive loan approval on the same day they apply.
- 3 - PURCHASE YOUR VEHICLE - With our easy as 1-2-3 process, you can purchase your auto on the same day your loan is approved. You just visit your favorite dealership and negotiate like a cash buyer.
Your Auto Financing Options
Your credit history and where you are buying your car from will determine the kind of auto loan you need.
Whether you are buying a new or used car from a dealer; you need a program designed to help you get a vehicle loan despite credit challenges; or you are looking to refinance your existing loan - we can help.
We provide a variety of car financing options to suit your needs and credit situation:
- Hillsborough County FL New Car Loans
- Hillsborough County FL Used Car Loans
- Hillsborough County FL Auto Refinance Loans
- Hillsborough County FL Good and Fair Credit Car Loans
- Hillsborough County FL Bad, Poor and Horrible Credit Auto Loans
Our loan programs are tailored to your exact needs and budget and are designed to meet or exceed the features of national auto finance companies like Capital One Auto Finance, Carmax Used Cars, USAA Auto Loans, Chase Auto Loans, Wells Fargo Auto Loans, Bank of America Car Loans, Navy Federal Car Loans, AAA Auto Loans, Key Bank Auto Loans, PNC Car Loans, Bankrate Auto Loans, US Bank Auto Loans, TD Bank Car Loans and State Farm Auto Loans.
We've provided car loans for first-time buyers, car financing for college students and we are proud to have arranged military and veteran auto financing for service members and their spouses. We've even been able to help foreign nationals and others who do not qualify for a social security number to obtain an auto loan with their ITIN number.
We also specialize in sub-prime auto financing including financing a car after bankruptcy and helping borrowers to obtain a car loan after repossession.
If you are looking for a car title loan or the best place to refinance your car, we have programs that can help you as well.
AllCreditCarLoans works with the best buy here pay here car lots near you, bad credit auto dealers, second chance auto dealers and other car loan lenders to provide the best auto rates.
You are never alone in this process. Our reliable lender partners will guide you every step of the way -- from the time you begin processing your application, all the way to the day when you drive home your new car. Click the button below to let us get started helping you today!
Car Finance Calculator For Hillsborough County FL
Use the AllCreditCarLoans monthly car payment calculator to help determine how much you can afford to spend when financing or refinancing a car. You can run multiple scenarios varying the "down payment" and "number of months" in order to get the monthly payments where you would like them to be.
We recommend that you target your total car expenses to be no more than 20% of your take-home pay.
What To Know Before You Apply For Vehicle Financing
Credit scores give lenders an idea of how you manage your finances. These scores are essential in helping you plan your finances well. Likewise, credit scores can be testaments of how well you make decisions, as well as how healthy your spending habits are. Credit scores can help determine whether you pay your bills on time, if you use your credit cards wisely, and how well you manage your loans.
The higher your credit score, the lower the interest rate you will likely be asked to pay.
Therefore, if you have multiple loans that are unpaid; if your credit cards have been maxed out and several of your bills remain unpaid, you earn a low credit score. While it does not define the kind of person that you are, your score can indicate an unhealthy financial habit, which can make you appear "too risky" and turn away lenders.
A lot of lenders do not offer car loans to applicants who have a low credit score because they do not want to encounter problems when collecting payments. Some lenders accept borrowers with low scores, but they often charge higher interest rates for the loans they make. This is because they want to lessen the risks that your low credit score represents.
But we are different. We work with leading lenders and dealers to help you find the best auto loan terms for your credit situation. Fill out our quick and easy one-page application to let us get you preapproved today.
While it is possible to find a lender who will finance a car for up to 84 months, we don't recommend stretching out payments any longer than you need. It’s best to pay off a car loan as quickly as you can since cars depreciate rapidly. The longer the loan term, the more probable that at some point you will end up owing more on the loan than the vehicle is worth. Being underwater or upside-down on a loan is a risky financial situation. The best interest rates are available for shorter loan terms. We recommend keeping your loan term to 3 years for used vehicles and up to 5 years for new autos.
Soft vs. Hard Credit Pull
Your auto lender may do a "soft" credit pull in order to pre-qualify you for a car loan. A "soft" credit pull doesn’t subtract from your credit score the same way a "hard" pull does, but it also doesn’t guarantee you’ll be approved for a loan or that you'll get the exact rate you’ve been quoted. A "hard" credit pull will be required before the loan terms are finalized.
If you are applying with multiple lenders in order to shop the best interest rates, it makes sense to complete all your loan applications within a short time-frame. The credit reporting agencies tend to count multiple hard inquiries made within a short period as only one inquiry.
It's a good idea to know your credit score before you apply for your loan. If you are unsure what your credit score is, you can always use this service to find your credit score.
If your credit score could use improvement, you can work with a credit repair vendor to improve your credit score.
Car Loan Restrictions
Some lenders only work within a specific network of dealerships. This could limit your choice of vehicles to a handful of makes, models and vehicle types.
Some lenders will only work with car dealers so you won't be able to use them to buy a car from a private seller.
The interest rate you’ll receive depends upon your credit history, your income, the length of the loan and the vehicle you choose.
Steps To Get An Auto Loan
Shopping for an auto has never been easier. Our streamlined process and vast network of lending partners make getting a car loan quick and easy.
1 - Budget For Your Auto Purchase
The first step in obtaining auto financing is to figure out how much you can afford to spend.
If you have a car to trade-in, you should determine its value so that you can factor that into your budget. A good resource for determining your auto's market value is Kelley Blue Book.
Next, you'll want to consider how much money you have to use for a down-payment. The more money you put down, the lower your monthly payment will be. If you need an auto loan with no down payment, don't worry. We can still help you.
Finally, use our vehicle finance calculator to estimate your monthly payment. You can vary the interest rate and loan term to see how that affects the potential monthly payment.
2 - Choose Whether You Want A New Or Used Vehicle
If you are looking to get the most value for your dollar, you will likely be better off financing a used car. For the best results, follow our used car recommendations.
If you've chosen to buy a new car, you will most likely be purchasing the vehicle from a car dealership. In order to get the best deal on new car financing, follow our new car recommendations.
3 - Apply For Your Loan
Click the button below and fill out our quick and easy application form to get started right away!
New Car Loans
New car loans are the most common type of auto financing. Beyond the traditional option of getting approved through a new car dealer, many consumers have found that they can save money and gain negotiating leverage by arranging their auto financing in advance.
Most new car dealerships are able to apply rebates and incentives to reduce the need for money down. If you have negative equity in a vehicle that you're trading in, you may have to provide money down to cover the negative equity so that it's not carried over into your new loan. While buying a new car with bad credit isn't so common, there are many manufacturers that offer lower-priced new cars with attractive financing incentives to make buying easier for people with lower credit scores.
Let us help you get preapproved for that new car loan and you will become a cash buyer. This saves you time at the dealership and gives you the power to negotiate your best deal on any car you choose. Apply for a new car loan in Hillsborough County FL and see how much we can save you.
Used Car Loans
A used auto loan is our most commonly requested loan. By letting us help pre-arrange your funding source, you know that you'll have the power to negotiate the best deal. Apply for a used car loan and see what type of rate & term you can get from our participating lenders.
Buying a used car will typically provide the best value. That's because the prior owners have already absorbed the biggest portion of the vehicle's depreciation and you may have the option to buy directly from a private seller, thus saving dealer fees. We can help you with an auto loan to buy from a private seller.
If you choose to purchase a used vehicle, you can click here to view the inventory of used car dealerships near you in Hillsborough County FL.
Shopping For The Best Car Loan Rates In Hillsborough County FL?
Whether you are looking for the best auto loan interest rate for a new or used vehicle, or you want to refinance an auto loan, we can help.
With a lower interest rate, you'll save money and pay off your auto loan faster. The single most important thing you can do to save money on a car loan is to shop for the best loan rate before you set foot in a dealership. By knowing what kind of rate you qualify for before you try to buy a vehicle, you accomplish three things:
- You can focus your negotiations with the dealer on the vehicle price rather than on financing terms
- You'll know what range of car payments you can qualify for
- You won't end up getting a higher cost loan than you want
Use our auto loan calculator to determine what range of payments you can expect. You can enter your balance, term, and interest rate to calculate what the payment will be. You can compare different scenarios to see how much more you can save by increasing your down payment.
Average Auto Payment Interest Rates You Can Expect
|Credit Score Range||Average APR for a New Car||Average APR for a Used Car|
|781 - 850||3.68%||4.34%|
|661 - 780||4.56%||5.97%|
|601 - 660||7.52%||10.34%|
|501 - 600||11.89%||16.14%|
|300 - 500||14.41%||19.98%|
Why Getting Preapproved For A Car Loan Is Important
Having a preapproved auto loan streamlines the buying process because you become a cash buyer and you can bypass the usual salesman's tactic of negotiating based on monthly payment. The problem with negotiating based on the monthly payment amount is that you can easily lose sight of the total cost and end up paying more in the long run.
While you are at one of your local dealerships, the finance manager may try to beat the interest rate of your preapproved loan. Before accepting the dealer's replacement loan, make sure that the interest rate is lower, all of the other terms are comparable, and the final total price is less. It's good to be cautious because there is always a risk that the finance manager could juggle the numbers in the dealership's favor and you could end up spending more money than you would with your preapproved car loan.
As you negotiate your best deal, be sure to leave enough money to cover the sales tax and any additional fees. This way your total "out the door" cost does not exceed the maximum amount of your preapproved auto loan.
How Does Getting Preapproved For An Auto Loan Work?
Auto dealers usually offer car financing through their preferred lenders, typically at a higher interest rate than available elsewhere. Getting preapproved directly with one of our lending partners helps you to negotiate the best car loan rate before you even get to the dealership so that you can save money in the long run.
When you start your car buying process at a dealership, the salesmen will focus on the monthly payment, which makes it easier to forget about the actual price of the car. But when you show up with a preapproved auto loan, negotiations can be based on the price of the car instead.
How To Get Pre-Qualified For A Car Loan
When you’re applying with us, the application process is simple and quick. You should have the following information on-hand:
- Driver’s license and Social Security number
- Proof of income
- Employment verification
This information helps our lending partners to get a clear picture of your financial status, making it easier to secure the best auto loan rates for your credit situation.
About Hillsborough County FL
Hillsborough County is a county in the U.S. state of Florida. In the 2010 census, the population was 1,229,226, making it the fourth-most populous county in Florida and the most populous county outside the Miami Metropolitan Area. A 2018 estimate has the population of Hillsborough County at 1,436,888 people, which itself is greater than the populations of 12 states according to their 2018 population estimates. Its county seat and largest city is Tampa.
According to the U.S. Census Bureau, the county has a total area of 1,266 square miles (3,280 km), of which 1,020 square miles (2,600 km) are land and 246 square miles (640 km) (19.4%) are covered by water. About 158.27 miles (254.71 km) of shoreline are on Tampa Bay.
The county’s unincorporated area is around 888 square miles (2,300 km), more than 84% of the total land area. Municipalities account for 163 square miles (420 km). The modern boundaries of the county place it midway along the west coast of Florida.
A narrow portion of Hillsborough County to the south, consisting almost exclusively of water, extends west to the Gulf of Mexico roughly along the Tampa Port Shipping Channel. This has the effect of keeping Hillsborough County from being technically landlocked. The central portion of the Sunshine Skyway Bridge is in Hillsborough County. So is Egmont Key, at the entrance to Tampa Bay; this narrow strip of land separates Pinellas County from Manatee County. The northernmost tip of a spoil island just west of Port Manatee also lies in Hillsborough County.
Hillsborough is home to Alafia River State Park and Hillsborough River state parks, and to the C. W. Bill Young Regional Reservoir and Lithia Springs, one of the largest natural springs in Florida.
On the Alafia River near Lithia Springs Park
An alligator in the Alafia River State Park
Hurrah Lake on the Alafia River
Sandhill crane at Hillsborough River State Park
On the Hillsborough River near Lettuce Lake Park
U.S. Census Bureau 2010 Ethnic/Race Demographics:
In 2010, 6.0% of the Hillsborough’s population considered themselves to be of only “American” ancestry (regardless of race or ethnicity.)
Of the 536,092 households, 29.74% had children under the age of 18 living with them, 44.25% were married couples living together, 14.76% had a female householder with no husband present, and 35.69% were not families. About 27.12% of all households were made up of individuals and 7.96% (2.35% male and 5.61% female) had someone living alone who was 65 years of age or older. The average household size was 2.55 and the average family size was 3.11.
The age distribution was 23.9% under the age of 18, 10.5% from 18 to 24, 28.3% from 25 to 44, 25.4% from 45 to 64, and 11.8% were 65 years of age or older. The median age was 36.1 years. For every 100 females, there were 95.1 males. For every 100 females age 18 and over, there were 92.1 males.
The median income for a household in the county was $49,536, and for a family was $59,886. Males had a median income of $43,125 versus $35,184 for females. The per capita income for the county was $27,062. About 10.7% of families and 14.2% of the population were below the poverty line, including 19.9% of those under age 18 and 9.6% of those aged 65 or over.
In 2010, 15.1% of the county’s population was foreign born, with 44.5% being naturalized American citizens. Of foreign-born residents, 67.5% were born in Latin America, 16.7% born in Asia, 9.2% were born in Europe, 3.2% born in Africa, 3.1% in North America, and 0.3% were born in Oceania.
As of the census of 2000, 998,948 people, 391,357 households, and 255,164 families resided in the county. The population density was 951 people per square mile (367/km²). The 425,962 housing units averaged 405 per square mile (156/km²). The racial makeup of the county was 75.17% White (63.3% Non-Hispanic White), 14.96% Black or African American, 0.39% Native American, 2.20% Asian, 0.07% Pacific Islander, 4.66% from other races, and a 2.56% from two or more races. 17.99% of the population were Hispanic or Latino of any race. The county was the thirty-second most populous county in the nation.
Of the 391,357 households, 31.40% had children under the age of 18 living with them, 47.70% were married couples living together, 13.20% had a female householder with no husband present, and 34.80% were not families. Roughly 26.90% of all households were made up of individuals, and 8.10% had someone living alone who was 65 years of age or older. The average household size was 2.51 and the average family size was 3.07.
The age distribution was: 25.30% under the age of 18, 9.30% from 18 to 24, 31.70% from 25 to 44, 21.70% from 45 to 64, and 12.00% were 65 years of age or older. The median age was 35 years. For every 100 females there were 95.80 males. For every 100 females age 18 and over, there were 92.70 males.
The median income for a household in the county was $40,663, and for a family was $48,223. Males had a median income of $34,111 versus $26,962 for females. The per capita income for the county was $21,812. About 9.10% of families and 12.50% of the population were below the poverty line, including 17.20% of those under age 18 and 10.00% of those age 65 or over.
Source: U.S. Census
As of 2010, 74.59% of the population spoke only English at home, 19.52% spoke Spanish, 0.56% French Creole (mainly Haitian Creole), and 0.51% spoke Vietnamese as their mother language. In total, 25.41% of the population spoke a language other than English as their primary language.
For more information, see Hillsborough County Florida wiki