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Chase Auto Loan
July 1, 2022 newsroom

Chase Auto Loan Pre Approval: Quick Loan for New and Used Cars

Chase Auto Loan Pre Approval

Chase Auto Loan Pre Approval offer is available for New and Used Cars with Flexible Chase Auto Payment Options.

JP Morgan’s Chase auto financing is one of the most popular online solutions for car loans or refinancing an existing loan on your vehicle. The loan application, receiving funds for the new or used car, repayments, and all other procedures on the secure web-based platform saves your time and resources.

In this review, find everything you need to know about getting your loan and payment options. We also check how to get Chase Auto Loan Pre Approval online.

Chase Auto Loan Specifications

Chase auto financing offers easy loans for the next vehicle purchase and even refinancing an existing car loan. Depending on your credit scores, desired vehicle model, and other factors, you may receive the loan amount.

Loan Amount: $7,500 (Minimum)- $100,000 (Maximum)

APR Interest Rates: The APR rates may vary depending on your creditworthiness. Borrowers with excellent credit history can receive loans with the lowest APRs as stated below:

  • 1.99% for New Cars
  • 2.09% for Used Cars
  • 2.16% for Vehicle Refinancing

Note: Customers with Chase checking accounts can receive up to 0.50% discount on APR.

Loan Term: 48 months (Minimum) – 72 months (Maximum)

How to Apply for Chase Auto Loan

You can apply for the Chase loan at a local branch or online. If you are undecided with the vehicle model to purchase, Chase customer assistance can help. You must provide the following information to complete the application:

  • Name
  • SSN
  • Address
  • DOB
  • Contact Information: phone number, email address
  • Vehicle information
  • Loan amount
  • Loan term
  • Employment/income information

Chase Auto Payment Options

Automatic Payments: You can set up an automatic payment method on your loan account. Chase will automatically deduct the specified amount every month on time so that you never miss the due date.

Pay by Phone: For borrowers looking to make payments offline, the chase auto make a payment by phone is a quick and easy option. The automated phone services are available 24×7 allowing the customers to direct one-time payments from their checking accounts. To get started, call 1-800-336-6675. You will need the following information when directing payments by phone call:

  • Social Security Number
  • Auto account number
  • Checking account bank routing number (nine-digit between colons as present at the bottom of your check)

By Chase Paymatics: You can make one-time automatic payments with the Chase Paymatics program at http://chase.com/Paymatics.

By Chase Mobile App: You can log in to your loan account online with the free Chase mobile app to make payments every month. Those who don’t have an online account can also sign up using the mobile app.

By Mail: You may send the monthly payments by mail. Send due amount by personal check, bank-certified check, or money order payable to Chase Auto Finance with the payment coupon attached to your statement in the return envelope at any of the following addresses:

• When Sending By Regular US Mail:

Chase Auto Finance

PO Box 78067

Phoenix, AZ 85062-8067

• When Sending By Overnight Mail:

Chase Auto Finance

1820 E. Sky Harbor Circle S. Suite 150

Phoenix, AZ 85034-4875

At Local Chase Branch: You can make payments at any local chase branch in person within office hours. To find the nearest Chase branch, visit http://locator.chase.com/.

What is Impressive about Chase Auto Financing

  • Borrowers with good credit scores can get loans at low-interest rates
  • Get a loan amount of up to $100,000 for financing any dream vehicle
  • Discounts on APR for Chase bank customers and credit cardholders
  • Multiple payment options
  • 5000+ Chase branches for instant support

What to Consider before Applying for Chase Auto Loan

  • Loan pre-approval is not available online
  • APR rates go higher for applicants with poor credit scores
  • APR rates may vary depending on the zip code of the borrower

Final Verdict,

Chase is one of the largest online auto loan providers in the US with an ever-growing customer base. Chase Auto Loan Pre Approval is the best option for customers. With 5000+ branches, low APRs, flexibility to choose loan terms, and multiple payment methods including Chase auto pay by phone and other facilities, the borrowers are at convenience to structure their loan package as per suitability.

However, the loan amount and interest rate are subject to the creditworthiness and car model on purchase by the borrower. Read more articles on jio university.

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