Welcome to our SpringboardAuto.com review! SpringboardAuto.com is made up of a highly skilled team of finance and technology veterans who leverage advanced analytics and big data to provide its customers with a transparent and personalized auto buying experience. The company's team has founded and managed some of the largest auto finance and technology companies in the industry. Therefore, it has the experience and knowledge to help empower its customers.
[the-good]
• Bad Credit Loans Available
• Wide Variety of Auto Loans
• Direct Financing
[h3]Bad Credit Loans Available[/h3]
The SpringboardAuto.com website states that it offers loans to those with less than perfect credit for loans up to $45,000. And, that the …show more content…
We would like to see the company provide examples of what loan terms it provides such as the length of its available loans, as well as some examples of what types of rate ranges one can expect. Additionally, the company does not make it clear whether or not they charge an application fee or if it imposes any pre-payment penalties if someone chooses to pay off their loan …show more content…
For example, the company has a loan minimum of $5,000. Therefore, if you are buying a vehicle that's less than $5,000, you'll have to choose a different company for financing. Or, if you are buying a vehicle that costs more than $45,000, you'll have to look for a different finance company as well, or pay the excess amount yourself to bring down amount down.
[h3]No Mention of Mileage Limits[/h3]
Unfortunately, SpringboardAuto.com doesn't mention anything on the company website about whether it has any vehicle mileage limit restrictions for any of its loans. Many auto finance companies have set mileage limits on their loans and if you choose a vehicle that has higher miles than their imposed limits, you're loan will generally be declined, except in certain rare instances such as those with exceptionally good credit, etc. Therefore, you will have to contact the company before you begin your search to find out if they do in fact have any mileage limits.
[/the-bad]