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Best Car Loans in Cincinnati, OH

Jan. 24, 2020, 1:18 a.m.

Auto financing is complicated, but choosing the right lender can make the process simple and straightforward. A variety of factors affect eligibility, including your credit history and the type and value of the car you want to buy. Our partners at We researched the best car loans in Cincinnati to find the right loan to get you on the road.

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#1
RECOMMENDED
LightStream

Loans for practically anything!

#1 MOST POPULAR
LightStream
LightStream
Features
  • Visit website for service
  • Apply online
  • Loans from $5,000 - $100,000
  • Available in Cincinnati
Read More
Location
Services available in
Cincinnati, OH
#2
Auto Approve
Auto Approve
Features
  • Work with a consultant
  • Online loan calculator available
  • Application approval in minutes
  • Available in Cincinnati
Read More
Location
Services available in
Cincinnati, OH
(844) 946-7334
#3
LendingTree
LendingTree
Features
  • Read lender reviews from other consumers
  • Compare rates
  • Available in Cincinnati
  • Financing for RVS, motorcycles & ATVs
Read More
Location
Services available in
Cincinnati, OH
(800) 555-8733
#4
myAutoloan.com
myAutoloan.com
Features
  • Online payment calculator
  • Lenders that fit your needs
  • Available in Cincinnati
  • Get an offer today
Read More
Location
Services available in
Cincinnati, OH
(214) 540-3350
#5
Capital One
Capital One
Features
  • Check your loan status online
  • Available in Cincinnati
  • Over 12,000 eligible dealers
  • Pre-qualify online
Read More
Location
Services available in
Cincinnati, OH
(877) 383-4802
Kemba Credit Union
Kemba Credit Union
Features
  • M-F: 9am - 5:30pm
  • Sat: 9am - 1pm
  • Closed Sun
  • kemba.com
Location
11450 Grooms Rd.
Cincinnati, OH 45242
(513) 762-5070
Greater Cincinnati Credit Union
Greater Cincinnati Credit Union
Features
  • M-F: 9:30am - 5:30pm
  • Sat: 9am - 12pm
  • Closed Sun
  • gccu.org
Location
6899 Hamilton Ave.
Cincinnati, OH 45224
(513) 559-1234
TruPartner Credit Union
TruPartner Credit Union
Features
  • M-F: 9am - 5:30pm
  • Sat: 9am - 1pm
  • Closed Sun
  • trupartnercu.org
Location
7000 Vine St.
Cincinnati, OH 45216
(513) 563-4488
New Horizons Credit Union
New Horizons Credit Union
Features
  • M, T, Th, F: 8:30am - 4:30pm
  • W: 9am - 4:30pm
  • Closed Sat and Sun
  • newhorizonscu.com
Location
637 Vine St.
Cincinnati, OH 45202
(513) 562-6600

How to get an auto loan in Cincinnati

Cincinnati skyline

Auto financing is offered from lenders such as your neighborhood credit union and online loan brokers. Companies offer different types of loans with varied interest rates and repayment terms. Finding the best one for you can be difficult.

The first step to finding the right auto loan in Cincinnati is to consider your qualifications. When evaluating applicants, lenders will usually look at:

  • Credit history: You can get a car loan with bad credit, though you may need to use an alternative, online lender if you have a low credit score. A low score will also increase your loan’s interest rate. People in Cincinnati with credit scores lower than 580 usually pay annual percentage rates (APRs) in the low-to-mid teens, while people with excellent credit scores typically pay 3 to 5 percent.
  • Financial information: You may need to provide proof of your income, such as W-2 forms or pay stubs, to qualify for a loan.
  • Down payment: Having a down payment helps you qualify you for a loan and may qualify you a lower interest rate. A more substantial down payment will reduce your montly payments or the length of your loan.

Getting pre-approved for a car loan in Cincinnati

Finding a lender and getting pre-approved for a loan before you begin shopping has many advantages. Getting pre-approved for a car loan:

  • Saves time at the dealership
  • Determines your budget before shopping
  • Gives you additional leverage when negotiating vehicle price
  • Lets you shop at multiple dealers

You’ll choose loan repayment terms during the application process. Most loans in Cincinnati range between 36 and 84 months, but loans with longer terms often have a higher interest rate. Be sure to verify if there are prepayment penalties on your loan. Once you pay off your loan, your lender will release the title to you, though you may need to contact the Ohio BMV for a paper copy.

Some consumers experience a higher number of robocalls and telemarketing calls after applying for auto financing. If this happens to you, you can file a complaint with the Federal Communications Commission. The Ohio Attorney General also maintains a database of consumer complaints.

LightStream

LightStream

LightStream’s goal is to make lending simple with a quick application and same-day funding for qualified buyers. The company also provides loans for refinancing and lease buyouts. If you find a qualified lower rate with another lender, LightStream will match it. Cincinnati customers appreciate the multiple loan options.

Auto Approve

Auto Approve

Auto Approve offers competitive rates on refinancing existing auto loans for Cincinnati residents. The company provides personal loan consultants who help you find the best refinancing option for your vehicle and budget. Cincinnati customers appreciate Auto Approve’s flexible repayment terms and friendly customer service.

LendingTree

LendingTree

LendingTree compares offers from multiple lenders to find the best rate and repayment terms for you. The company provides loans for refinancing, purchases and lease buyouts. Cincinnati reviewers mention the quick application process and good customer service, but some people complained about unsolicited phone calls and declined applications.

Sponsored Ad

myAutoloan.com

myAutoloan.com

Get up to four lending options within minutes when you apply for auto financing with myAutoloan.com. From purchases to refinancing, the company offers loans for every auto financing need through its network of trusted lenders. Cincinnati reviews highlight the company’s great customer service and easy application process.

Capital One

Capital One

Capital One provides instant auto quotes without affecting your credit score. The company offers loan options for purchases and refinancing, and its website has a vehicle search option for car shoppers and online rate and payment estimators. Cincinnati residents appreciate the simple loan application and competitive rates.

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