myAutoloan.com

myAutoloan.com is an auto loan marketplace operated by Horizon Digital Finance, LLC, and is designed to connect consumers who are looking for auto loan financing with multiple lenders simultaneously. It serves as a comparison shopping platform for both new and used vehicle purchases as well as auto loan refinancing.

The platform works by allowing a consumer to submit a single application that is then presented to several lenders in the myAutoloan network. This can provide multiple rate quotes from different financial institutions at once, saving the time of applying to each lender individually. Lenders in the network can include banks, credit unions, and other financial institutions.

myAutoloan serves borrowers across a range of credit profiles, though the best rates are generally available to borrowers with stronger credit histories. The platform may also present options for borrowers with fair or limited credit, though rates will vary accordingly.

Because myAutoloan is a marketplace rather than a direct lender, any loan the borrower accepts will be funded by one of the partner financial institutions rather than by myAutoloan itself. Consumers should review the terms of any specific offer from the individual lender before committing, as rates, fees, and conditions come from those institutions rather than from the marketplace platform.

Consumers using myAutoloan should compare any offers generated through the platform with quotes from their own bank and any credit unions they are eligible to join. Key figures to compare include the annual percentage rate, any fees, the loan term, the monthly payment, and the total repayment amount over the life of the loan.