Frequently Asked Questions

What kinds of cars are financed here?
Choose any car that you want to purchase and apply with the amount that you would need. Car loans give borrowers the flexibility in deciding car. However, borrowers will have to consider how much amount they qualify for before they choose any car.

I have a good credit history. How much amount will I qualify for?
If you are having a good credit history, you can surely qualify for a higher loan amount. But, one must know that good credit history is not the only requirement for higher amount. Borrower needs to keep collateral. He will need to furnish a clear income proof. There are many more, which your lender will specify.

If I keep my car as collateral with lender, is there a fear of it getting repossessed?
This is one principal myth among borrowers. Lenders will not repossess your car until and unless you do not repay the loan amount in full. So continue paying the monthly repayments and you know you and your car is safe.

How do I apply for car loan here?
Apply online. That is the most convenient and largely preferred method of applying. Since you get to apply from your home, there is lesser wastage of time, money and efforts.

Are my details safe if I apply through this method?
Your details that you pass during the online application are as safe as when you apply by going to the lender's office. For complete information on what methods are used and how privacy of borrowers is protected, go through our privacy policy.

Can I shop around for the deals that are organised for me?
Sure! The online quote feature on our website serves this very purpose. Put in your personal and loan details through the short quote form and submit. We pass this application to several lenders who forward you quotes if they find you eligible for car loans. This way, you can easily shop around for the car loans provided by different lenders.

Do you provide refinance car loan at Express-Car-Loan?
Yes! If you are one of those borrowers of car loans who has to pay a very high rate or the monthly repayments are sky rocketing, you can easily shop for a refinance car loan with us.