Ready to purchase a car? Here’s useful information to help you get started with your auto financing.
What to gather
Gather the following information:
- Desired loan amount
- Your Social Security number
- Your employer's name and address
- Your annual gross income (before deductions)
- Car lienholder name and payoff amount (for auto refinancing or for private-party purchase with a lien)
How to apply for an auto loan
Choose from our three convenient ways to begin the car loan approval process:
- Apply online.
- Call 800-473-6372 or 800-685-5065 (TDD). We accept relay calls.
- Visit your local U.S. Bank branch for help with your application.
How long does it take for loan approval?
We’ll process your loan application as quickly as possible. We may ask you to provide additional documents, such as automobile insurance information or proof of income. Most applicants get a credit decision in two hours or less (during normal business hours).
Car buying tips
How to choose the best car loan for you
Choosing a loan can be a difficult process. Here are tips to help find the right one for you.
Things to know before you start shopping for cars and auto loans
Before you set foot on a new or used car lot, your first step should include researching auto financing options.
Buying new vs. used
Get tips to help you decide whether a used car or a new car is the right fit for you.