At New Roads Auto Loans, we know that credit problems can happen to good people. We also know that credit problems should not prevent you from having a late model, reliable car or truck that is essential to everyday life. We have over 500 "real" customer reviews. We make sure that we work hard for our customers with the end goal of complete customer satisfaction.
New Roads Auto Loans is the direct to consumer auto loan division of Consumer Portfolio Services Inc. (CPS). CPS has been in business since 1991 and has financed close to 1 million vehicles for credit challenged customers across the U.S. Our skilled staff will walk you through the entire process to ensure you have the "right" vehicle at the "right" price.
New Roads Auto Loans is the direct to consumer auto loan division of Consumer Portfolio Services Inc. (CPS). CPS has been in business since 1991 and has financed close to 1 million vehicles for credit challenged customers across the U.S. Our skilled staff will walk you through the entire process to ensure you have the "right" vehicle at the "right" price.
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If you're looking to purchase a car using an auto loan, here is some information that can help you navigate through the paperwork. When you finance a vehicle, the financial institution you are affiliated with lends you money as an installment loan. The automobile lenders earn income through charging you interest on the auto loan and for any processing fees associated with the loan.
Your vehicle must be 2010 or newer and have less than 80,000 miles to qualify for refinancing. We generally cannot refinance any customer that has made less than 12 monthly payments on their vehicle loan. The balance on your existing auto loan cannot be more than 120% of the wholesale values of your vehicle.
New Roads Auto Loans offers zero down bad credit auto loans. Zero down payment auto loans are for those having little or no cash for down payment. Auto loans with zero down payment makes buying a new car easier on your wallet. We will work with you and provide financing with zero down payment. Keep your cash and let the professionals at New Roads Auto Loans help you find your perfect vehicle.
Credit score is an important factor when applying for an auto loan. It's not the only factor lenders use to decide whether or not they will finance a customer, but it is a factor that can make or break their decision. However, the final decision of a lender is dependent upon more factors than the credit score.
Use our auto loan calculator to calculate car payments over the life of your loan. You can adjust length of loan, and interest rate to see how those changes raise or lower your auto payments. You may be wondering how to pay off your car loan early without accumulating interest. Increasing your monthly payments saves you more money in the long run.
Reviews (10)
Shaqual Williams
Jan 28, 2022
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This was the absolute best! My agent was always responsive and ready to go. She made sure I understood my options, made sure I didn't make risky purchase decisions and made EVERYTHING clear and easy from start to finish. Wunikka I will never buy another car without you. You are the G.O.A.T hands down. Without you I wouldn't have been able to boldly say I'm a SURVIVOR and I can fulfill my dreams after brest cancerâ¤And a huge Thank you to Ed for helping us. Truly life changing...
Kad Campbell
Jan 21, 2022
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Nathan Gold, the gentleman I worked with, went above and beyond to help me when no other lender would. The process is not over night thing but he did keep working on my account even when I kept bugging him đ I recommend people with less than stellar credit contact new roads for assistance in getting into a new (to you) vehicle! They help me get get big red here đ
Kara Dungee
Jan 21, 2022
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These guys are great!!!!! This was my best experience with a finance company. Nathan Gold is awesome!!! He helped me locate a vehicle, the financing process was quick, and thanks to them, I am driving the car I really wanted. The underwriters were wonderful. I would highly recommend to anyone who is in the market to purchase a vehicle, and may have challenged credit. Thank you "New Roads Auto Loans", and thank you Nathan Gold! You guys are the best!!!!!!!! KRDungee
Corby Dear
Jan 20, 2022
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I understand that some people may be hesitant to reach out to New Roads Auto Loans since you are reading the reviews section, but this is my honest review... RELIEF!
From start to finish it was a seamless and painless process. My agents Nathan Gold and Stevie were attentive, trusting and really became my advocates. Just a great company to deal with.
From start to finish it was a seamless and painless process. My agents Nathan Gold and Stevie were attentive, trusting and really became my advocates. Just a great company to deal with.
Julie Banh
Jan 14, 2022
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I highly recommend New Roads Auto Loan! I worked with Nathan who was very nice and responsible. He always kept me updated on the status of the loan and went above and beyond to make sure I got the best loan and interest rate. It was greatly appreciated and I canât say enough good things about him. Great customer service! If youâre looking for an auto loan definitely pick New Roads Auto Loan!
Zach Wilkin
Jan 09, 2022
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I recently financed a car through New Roads and they made the financing process so seamless it was unreal. Jenny was truly great to work with, and got me the best rates and approval possible!
When it was time to go to the dealership, all I had to do was hand them some paperwork, as Jenny had already done the rest. In and out of a dealership in under 45 minutes!
Definitely suggest New Roads!
When it was time to go to the dealership, all I had to do was hand them some paperwork, as Jenny had already done the rest. In and out of a dealership in under 45 minutes!
Definitely suggest New Roads!
Karla Vasquez
Jan 09, 2022
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My Loan Officer, Kelli, was STUPENDOUS! She was professional, accessible and went above and beyond (TRULY). An advantage of New Roads was the ability to choose my own dealership. Even so, if had not been for Kelli, I may have chosen another route. Kelliâs knowledge of the process and patience in explaining was OUTSTANDING!
Thanks Kelli!!!!! You did GREAT!!!
Thanks Kelli!!!!! You did GREAT!!!
Daeja Davenport
Oct 28, 2021
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Amazing experience with New Roads Auto loans. I was a little skeptical at first not knowing what to really expect, but everything turned out to be just fine. The approval process was easy and exactly what they said it would be like. Fast and easy! I worked Elsie and Jenny and they were both phenomenal. This was my first time buying a car so when I went to the dealership I had no idea what I was doing or what the dealers were talking about. Elsie stayed on the phone with me and made sure everything was done correctly and that I wasnât being fooled. I didnât have to worry about anything. I would
Hannah Lang
Sep 20, 2021
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Positive:Â Professionalism
Thank you so much Jenny for the painless experience. It was very easy to get financed through New Roads Auto Loans. Even with trying to rebuild my credit and waiting on my bankruptcy to discharge, it was so simple to get financing. Anyone in my similar situation needing a vehicle I will spread the word!
Thank you so much Jenny for the painless experience. It was very easy to get financed through New Roads Auto Loans. Even with trying to rebuild my credit and waiting on my bankruptcy to discharge, it was so simple to get financing. Anyone in my similar situation needing a vehicle I will spread the word!
David Shellenbarger
Aug 17, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
It was wonderful working with Jenny B. She kept me updated through telephone and email messages every few hours. She was exceptionally patient as I changed vehicle choices and dealerships twice. They required no down payment from me and a price limit far above what I expected. This is a great option for rebuilding your credit.
It was wonderful working with Jenny B. She kept me updated through telephone and email messages every few hours. She was exceptionally patient as I changed vehicle choices and dealerships twice. They required no down payment from me and a price limit far above what I expected. This is a great option for rebuilding your credit.
