Q: Are there fees associated with your service?

A: No. There are no fees to apply through BK Car Finance and no obligation to accept the terms of any loan offered by one of our participating lenders or auto dealers.

Q: What happens once I complete the auto finance application?

A: Once you complete our secure online application, your information will be sent to our direct auto financing partners and a participating dealer in your area if we have one. Our direct lender partners and participating auto dealer will communicate the status of your application to you directly.

Q: Where do I check the status of an application I already submitted?

A: You can view the status of your application anytime by visiting our loan status page. Please note that it may take 24-72 hours for us to provide all of your financing results.

Q: What is the interest rate on my car loan?

A: Interest rates vary depending upon a number of factors, including your loan amount, credit profile and the type of vehicle you select. Upon the completion and approval of your auto loan application, a credit specialist will contact you and provide specific details regarding the terms of your loan approval. You are under no obligation to accept the terms of any offer.

Q: Will I need a down payment on my car loan?

A: Since you have had a previous BK, you will most likely need a down payment usually equal to 10% of the selling price of the car or $1000 – whichever is higher.

Q: What type of vehicle can I purchase?

A: That depends on who approves your car loan application. If you get approved for an auto loan through one of our direct auto finance partners, you can go to any franchise auto dealer in your state to buy a car. If however, you get approved through one of the dealers in our netowrk, you’ll need to purchase a car from them.

Q: How fast can I get my car?

A: Most auto finance companies are able to process a car loan in less than 24 hours. Be prepared to provide any needed documentation like proof of income, car insurance or other stipulations required by the lender.

Q: Does my BK need to be discharged?

A: Most lenders will require a Chapter 7 BK to be discharged. At a minimum, the meeting of creditors should have been completed. If a Chapter 13 is not completed, a letter from the Trustee will be required.

Q: Is the info I provide to BK Car Finance secure?

A: Absolutely. Any info you provide to us is protected by encryption and security technologies. Your information will only be disclosed in accordance with our Privacy Policy and/or to those entities necessary to process your auto financing.