Are you looking for an auto loan broker who can find you the best auto loan rate? Do you make several car loan simulations to increase the chances of being accepted at the lowest rate? And above all who will not take any administrative fees? Welcome to Capital lender, the N ° 1 independent auto credit broker on the internet!
Auto Credit Broker: The Best Rate
If you decide to go through an auto credit broker it is obviously to find the cheapest auto credit rate. At Capital lender, we regularly collect all the rates, for all the duration and all the amounts of car loans with the largest financial organizations. To do our job as an auto loan broker, we believe that we must give you the ranking of the best market rates that meets your needs.
To obtain this ranking of the best rates, you will complete our exclusive questionnaire which has a double objective. The first is to simplify the procedures by filling out only one questionnaire at Capital lender. We will then take care of questioning the organizations you designate. The second objective of this questionnaire is to increase the chances of being accepted. To avoid losing all their margin on the lowest rates, credit organizations select only the best files to ensure that they have almost no outstanding. Our system not only allows to know where are the cheap auto loans but it also allows to get a first opinion without commitment.
Our exclusive auto credit broker system increases the chances of getting the best rate. When you have chosen the financing that suits you, based on your file, you will get an evaluation from the organization that offers the cheapest rate. You will, therefore, have an indication of whether you should also question those who offer the second-best rate and the third-best rate. Thanks to this system, we go beyond the role of a simple car loan comparator.
Only go through official intermediaries
As a car loan broker, we are officially registered with ORIAS, the national file of banking and credit intermediaries. All good auto loan brokers will be registered there. You can find our number at the bottom of this page.
On the other hand, our rankings are carried out transparently on the APR rate, the overall effective annual rate. This is the legal rate for consumer credit. It includes all the costs that you may be asked to pay for a credit. Be careful because many of our competitors offer you pseudo rankings whose only criterion is the money they will receive from credit organizations. This is not our vision of the profession of an auto credit broker. We are resolutely turned towards the interest of our customers.
Save with an auto loan broker
Finally, the only interest to go through an auto loan broker is to be able to benefit from the best rate. But do you know what you gain exactly? Or most importantly what can an auto credit broker avoid you from losing?
Let’s take a very pragmatic example. The most requested car loan in France is a 10,000 USD loan over 60 months. Although the amount of cars is higher, as there is generally the resale of the old vehicle or its recovery, we come across a credit 10,000 USD, although there is no problem to make a credit without contribution.
Auto loan 10,000 USD over 60 months:
- Least expensive rate: 4.00% monthly payment: 183.84 USD cost of credit: 1030.40 USD
- Most expensive rate: 7.89% monthly payment: 200.94 USD cost of credit: 2056.40 USD
Well, the role of a car loan broker is that: you avoid losing 1000 USD for exactly the same credit !! And believe us, there are many who lose them. Because the most expensive credit in our example is offered by what is undoubtedly the best known credit organization.
And if you think that your bank or your car dealer can offer you a better offer, we advise you to read our article on how to negotiate your credit, you will not be disappointed.
Application fees = 0 USD at your car loan broker
At Capital lender, this is our philosophy! To give our customers the best auto credit, we just need to find the best rate for them and be accepted. As an auto credit broker, we don’t have to take any more fees from customers, the credit bureaus take enough!
This does not mean that the credit organizations could not ask you for administration fees one day, but for the moment, take advantage of it, there is none at their place either.
With this positioning, we think we have the best car loan broker offer, but if you see points to improve, do not hesitate to react in our forum at the bottom of this page.