With exception, there are minimal at best, online lending institutions that offer Private Party Purchase loans. We do use such lenders, however to qualify you MUST meet the underwriting criteria set by the participating lenders. To use offline resources, if the following criteria cannot be met to accomplish your goal, consider a local bank or credit union. Generally,

• the vehicle you are interested in cannot be older than a 1997 and the mileage cannot exceed 70,000.

• the title on the prospective vehicle must be clear for the new lender to secure the vehicle as lien holder.

• You must have at a minimum a good credit rating, with credit reporting you at a FICO score of 620+ with previous good automobile payment history. If you would like to check your credit, go to: True Credit for a full credit score profile, or to receive a complete copy of how the credit agencies report you.

If you do not meet the above recommended requirements, please reconsider your private party purchase thoughts to purchasing from a franchised or authorized Independent Dealer, where when approved it is used like a check, granting a fixed dollar amount to use “same as cash” for negotiating your best price with the dealer of your choice.