Loans Frequently Asked Questions

Your questions, answered

We’ve collected some of the most frequently asked questions about our loan products and services, and grouped them by topic to make it easier for you to access the information you need to make informed financial decisions.

 

Find FAQs by topic:
Auto Loans | Other Vehicle Options | Vehicle Refinance | Repossessed Vehicles | Find Your Next Car | Preferred Dealers | Credit Cards | Authorized Users | Chip Cards | Lost Credit Card | Personal Loans | Line of Credit | Credit Builder Loans | Back to all FAQs

 

AUTO LOANS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

OTHER VEHICLE OPTIONS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

VEHICLE REFINANCE

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

REPOSSESSED VEHICLES

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

FIND YOUR NEXT CAR

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

PREFERRED DEALERS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

CREDIT CARDS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

AUTHORIZED USERS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

CHIP CARDS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

LOST CREDIT CARD

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

PERSONAL LOANS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

LINE OF CREDIT

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs

 

CREDIT BUILDER LOANS

FAQ FAQs

  • What is an authorized user?

    Simply put, an authorized user is someone who is granted access to another person’s credit card. An authorized user receives full access to the account’s credit card line, but is not legally responsible for paying the balance or associated fees of the account. Only the primary account holder receives the statement, regardless of who made the charges with the card.

    An authorized user is different from a joint account user, who is also allowed to make charges on the account but is also liable for any debt related to the card. It is common for parents and couples to add an authorized user to their credit card, giving these individuals the ability to make purchases without assuming payment liability.

    *It is your credit score, credit history and money. You must fully trust the persons you add as authorized users.*

    An authorized user does not need to qualify for a loan or credit card, nor will their credit be pulled prior to being added as an authorized user.

    For more information about authorized users, click here.

Back to top | Back to all FAQs