Why Choose Longhorn Auto Finance?

You need a car, not a hassle, and we’re here to help. Why do so many Texas car-shoppers apply for financing through us? Let us count the ways:

  • Low Rates for Texas Consumers
  • No Application Fees
  • Low Monthly Payments
  • Affordable Down Payments
  • Massive Inventory of New and Used Vehicles
  • Same Day Approvals for Many Borrowers

Ever more Texas car shoppers are deciding to arrange their financing through us. Not only can you address details like interest rate and down payment terms prior to reaching the dealership, you will save a good deal of time by not having to spend hour after hour in the F&I (Finance & Insurance) office. What’s more, we are consistently able to place 80-90% of our qualified applicants with a dealer or lender willing to finance their credit.

Texas Lending Guidelines

There must be stringent approval guidelines to maintain such high rates of success, right? Wrong. To pre-qualify, you simply need to meet the following requirements.

  • Resident of Texas, 18 Years or Older
  • $1500 Monthly Gross Income
  • No Repossessions in Last 12 Months
  • Any Bankruptcies Discharged

If this sounds like you, you’re almost guaranteed to be placed with a lending specialist from a company that can approve you for financing.

Knowing Your Credit is Key

A lower interest rate will lead to lower monthly payments, as well as less interest paid overall. Your annual percentage rate, as you probably know, is based on your credit score. Have you checked your score of late? We recommend that you do.

It also enables you to:

  • Ensure that no errors are negatively affecting your score.
  • Ensure that you’re being offered a competitive APR given your credit.
  • Have unrestricted access to your credit scores.

A large segment of the adult population–more than 4 out of every 5 consumers, by some estimates–have some sort of error on their credit report. The vast majority of these are not malicious, but rather the result of human error or mistaken identity. Of course, the issue is that such an error could result in an inflated interest rate, on account of your credit score being artificially low. When you submit your application, we’ll give you more information on investigating and addressing such issues.