Choice Car Loans Review

Choice Car Loans is an online motor vehicle loan matching network.

Based out of California, US based consumers seeking to acquire a car loan are able to receive loan offers from Choice Car Loans network of lenders.

Offering APRs are low as 2.99%, Choice Car Loans is marketed as the ideal platform capable of matching everyday consumers with dependable and professional lenders.

However, is Choice Car Loans all it is cracked up to be?

Read our unbiased review to find out more!

Choice Car Loans Review

Choice Car Loans is an online platform functioning as a motor vehicle loan matching network.

The advantage of working with loan matching networks would be that consumers are able to receive multiple loan offers from multiple lenders.

According to the Choice Car Loan site, prospective loan applicants are encouraged to apply despite their credit history.

Bad credit, no credit, and bankruptcy have not stopped past consumers from receiving loans from dependable online lenders.

Choice Car Loans is only available for consumers who reside within the United States.

What is Choice Car Loans?

Choice Car Loans is an online loan matching network that matches car loan seeking individuals with online lenders.

Loans up to $30,000 are offered while Choice Car Loans claims to support a network of over 1,000 lenders and dealers available to help you.

Fast approvals are supported at Choice Car Loans while the application process itself takes no more than a handful of minutes to complete.

APRs are dependent upon the lenders that applicants are matched too but can be as low as 2.99%.

It is important to understand that Choice Car Loans is not a direct lender.

Instead, Choice Car Loans offers their online platform as a loan matching network for consumers looking to acquire motor vehicle loans.

Since credit inquiries are oftentimes used to gauged an applicants credit worthiness, it should be noted that an applicants credit score may be negatively affected as a result of credit inquiries from multiple lenders.

No definitive reference to approximated APR or loan-term durations are disclosed at Choice Car Loans.

This is due to the fact that Choice Car Loans supports hundreds of lenders and that accompanied APRs and loan-term durations are likely to vary from one lender to the other.

Who is Behind Choice Car Loans?

Choice Car Loans does not disclose any ownership information on their site.

Their About Us page does not provide insight regarding Founders, current operators or a corporate entity.

A peek into Choice Car Loans Terms and Conditions will go on to reveal that Choice Car Loans appears to be acting as their sole entity.

This isn’t necessarily an uncommon trait amongst loan matching networks but the disclosure of an entity to accept liability for any potential complications in services rendered is more ideal.

Mailing Address

Choice Car Loans
4335 Vans Nuys Blvd.
Suite 290
Sherman Oaks, CA 91403

How does Choice Car Loans Work?

The simple submission of your zip code will kickstart the application process.

After you have submitted your zip code you’ll be redirected to the long-form of the application which asks for your First and Last Name, Address, Email and Telephone Number.

After clicking on “Continue” you’ll arrive on the last page of your application.

From there you’ll need to disclose some residence, employment and applicant information.

Residence Information

  • Type of residence
  • Duration at residence
  • Monthly housing payment

Employment Information

  • Occupation
  • Work Phone
  • Name of Employer
  • Employment Duration
  • Gross Monthly Income

Application Information

  • Date of Birth
  • Bankruptcy Status
  • Co-Signer Availability
  • Social Security Number

Eligibility Requirements

  • Must be 18 years of age
  • Must earn $1,800/month
  • No credit score requirements
  • Must be a United States citizen

Domain Insight

ChoiceCarLoans was an openly registered domain that was created on June 8th, 2016 through the GoDaddy registrar.

According to SimilarWeb, Choice Car Loans does not appear to be a widely visited site and reflects a global rank of 9,274,446 and a US rank of 2,818,491 as of October 23rd, 2018.

Is Choice Car Loans a Scam?

Choice Car Loans does not appear to be a scam.

There is no negative feedback regarding Choice Car Loans, let alone any at all, while functioning as an anonymous entity in relation to the loan matching industry isn’t all that uncommon.

While we don’t believe Choice Car Loans to be a scam, we do believe there are better alternatives that have been verified and are readily available to you.

Choice Car Loans Review Conclusion

Choice Car Loans is not a widely used platform by US consumers seeking to receive car loans.

Reflecting minimum sums of community feedback while barely reflecting a presence on the web, Choice Car Loans is not as reputable of a loan matching service provider as they use to be.

Given the present decline and the overall reputation of Choice Car Loans we do feel that there are more suitable alternatives available to US consumers.

We invite you to share any insight, opinions or experiences you may have by leaving your feedback below.


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