Knowing how much you can borrow
Help narrow down your choices and save time as you shop for your next set of wheels.
If you’re shopping for a new or used vehicle, online pre-approval can put you ahead of the game when you find the right car.
- Five minutes is all it takes for most customers to complete our online pre-approval application
- No vehicle information is needed to establish your pre-approved loan amount
- We’ll send you a confirmation letter with your pre-approved loan amount and next steps
To qualify for the best rate, the loan must include:
Online pre-approval FAQs
Yes. While a pre-approval does include a credit check, it doesn’t require you to provide information about the specific vehicle you want to purchase. This makes it ideal if you’re still shopping around and want to narrow down your choices by knowing how much you can borrow.
It takes most customers just a few minutes to fill out the online pre-approval application, and you may get your answer within seconds. However, we might need to follow up with a phone call for more detailed information before a credit decision can be made. If that’s the case, the confirmation message will tell you what to expect next.
Congratulations! After finding the car you want, you can complete your loan at a U.S. Bank branch that is most convenient for you.
There is no cost to apply for a pre-approval of an auto loan online. You’re not obligated until you complete the loan process.