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Frequently Asked Questions


What is an auto loan?
Auto loan is advanced to help borrowers purchase vehicles, both new and used.

Can I apply for an auto loan?
Auto loans are available for all residents of the UK, whether tenants or homeowners.

What type of auto loans is available at Instant Auto Loan Online?
Auto loans of several varieties are available at Instant Auto Loan Online. New auto loan online, used auto loan online, bad credit instant auto loan, etc. are some of the varieties of auto loans available.

Is payment protection recommended?
Payment protection is helpful in case the borrower is not able to make repayments on account of changes in personal circumstances. The borrower is safe since the loan will be paid.

What does APR stand for?
APR or Annual Percentage Rate includes rate of interest and the other charges payable on unsecured loans for the purpose of better comparison.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
A fee between 0% and 10% of the loan may be charged on some plans depending on credit history and ability to prove income. Example: Loan of £15,000: 120 monthly repayments of£204.66, 10.4%APR variable. Loans secured on residential property.
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