Welcome to Lendbuzz! If you are a car dealer looking for information on offering Lendbuzz loans,
Frequently Asked
Questions
Contact Us
help@lendbuzz.com
We’ll get back to you within two business hours
(857) 999-0250
From 9:00 AM to 9:00 PM ET
Lendbuzz provides auto loans to deserving borrowers, including those without a social security number, no credit history or thin credit. We offer fair rates and a chance to build your credit score.
We operate in many states and are actively expanding to new ones!
You can fill out the online credit application to see if you qualify. We do not currently offer loans in the states of Alabama, Alaska, Delaware, Hawaii, Idaho, Kentucky, Louisiana, Minnesota, Mississippi, Montana, Nevada, North Dakota, Oklahoma, Rhode Island, South Dakota, Vermont, West Virginia, Washington D.C., and Wyoming.
Yes, we only make loans in connection with the purchase of a vehicle. You may apply at any time, but in order to fund a loan we require information about the vehicle you are buying. Upon contract signing, we work directly with the dealership to finalize the process, and dealership will handle the rest (like getting you your keys!). All you’ll need to do is drive away!
You can purchase your vehicle from either a dealership or a private party. The details of a private party transaction can be discussed with the sales representative assigned to your application.
A loan can get approved within 2 business days, start to finish. Time frame depends on how promptly the required information is provided throughout the application process.
If you have an existing loan with another lender you can refinance with us (Apply Here). Submitting an application only takes a few minutes and If you qualify you can be preapproved in as little as 2 days.
At this time we only provide vehicle loans. But we are always thinking about financial products and services to offer in the future. Stay tuned!
Simply visit our Dealer Page, fill out the form, and one of our Account Managers will reach out!
We report to Experian, Transunion, and Equifax.
We report to the credit bureaus every month.
Start by clicking “Check Your Rate” and filling out the easy online application. It only takes a few minutes! We will often pre-approve you immediately and automatically, but in any case within 2 business days.
Pre-approval means that your interest rates and loan terms have been pre-determined pending final verification of the information from your application and the vehicle you’re purchasing. Final rates and terms may change during application verification.
After you submit your loan application, and provided you meet our eligibility requirements, we will send you your pre-approved interest rates within 2 business days.
The interest rate is the annual interest rate used to compute the daily interest that accrues on your principal balance (the amount remaining to be repaid on your loan). APRs (Annual Percentage Rates) are inclusive of the total finance charges for a loan, both the daily interest as well as any other associated fees. For example, on some loans Lendbuzz charges an origination fee that is included in the APR calculation.
In general, in order for Lendbuzz to underwrite a loan against a vehicle, it should have a model year from the last 9 years, have fewer than 120,000 miles, and not be a salvage titled vehicle.
We do not require you to apply for a loan with a co-signer. We take only your own individual information into consideration for your loan terms.
As a general rule, 3-year loans will have lower interest rates (shorter repayment periods have less uncertainty) while 5-year loans will have lower monthly payments (loan repayment is spread across 60 rather than 36 months). What you choose depends on what is more important to you.