Ally Financial is a leading automotive financial services company. Its automotive business offers a full range of financing products including consumer financing, leasing, inventory insurance, and more. The company’s other businesses include commercial loans and mortgages, as well as savings and money market accounts. It also provides fleet financing to automotive dealers. In addition, it offers online payment services.
Ally auto loans are subject to credit checks and may not be appropriate for all borrowers. Depending on your credit score, you can receive a lower interest rate. However, it is important to note that rate-shopping may negatively affect your credit score. In addition, multiple hard inquiries may also affect your credit score. It is therefore important to carefully evaluate Ally’s offers and compare them to other offers.
Ally also offers financial planning services to its customers. Its goal is to help its customers make their payments on time and avoid defaulting. Most auto loan companies require customers to visit a physical branch to get their loan approved. However, Ally Financial offers convenient online applications and an app for your phone or tablet.
Ally Financial Auto Loans may be eligible for a lower interest rate than some other lenders. If you have a poor credit history, you may be eligible for a lower interest rate. However, all loan approvals are subject to credit and eligibility requirements.