888-490-1703 (2024)

1. Welcome | Driveway Finance

  • Contact Us · Make A Payment · Driveway Finance · myDFC Account Sign In/Register

  • Welcome to Driveway Finance Corporation, an indirect auto lending finance company located in Southern Oregon. As the primary lender for Lithia Motors and Lithia-owned dealer groups, we provide low-friction financing for consumers and dealers alike. Let us know how we can help.

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3. Contact Us - Driveway Finance Corporation

  • We also have an FAQ page that addresses many frequently asked questions! Phone: 855-723-2669 Hours: Monday – Friday: 7:00 AM – 7:00 PM PST Saturday: Closed ...

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888-490-1703 (2024)

FAQs

What credit score do you need for driveway finance? ›

Driveway and our lending partners do not restrict anyone from submitting a credit application based on their credit score; any customer who the law allows is free to submit a credit application.

Can I pay driveway finance with a credit card? ›

Driveway accepts the following payment methods: ACH Transfer. Credit Card up to $2,500. Debit Card up to $2,500.

How accurate is driveway prequalification? ›

It's a stress-free way of getting an idea of how much car you can afford. But remember, because pre-qualification is based on info you provide and not a formal application for a loan, it can only give you a range or rough estimate of the loan you might be able to get.

What is the minimum credit score for a property loan? ›

Credit score and mortgages

The minimum credit score needed for most mortgages is typically around 620.

Can I use my credit card to pay a loan? ›

If your lender allows it and you are given enough of a credit limit, you may be able to pay a portion of your entire balance of your home, car or student loans with a credit card. Federal student loan issuers, however, are restricted by the Department of Treasury from accepting credit card payments.

Can I use my credit card for a car deposit? ›

It's possible to make a down payment on a car with a credit card, though usually only when buying a car from a dealer. Purchasing a car from a private party will likely require cash, check or electronic transfer from a bank or other financial institution.

Why can ti pay my car loan with a credit card? ›

Here's the thing: Most lenders won't let you do it because the credit card companies impose a fee of up to 3.5% for every transaction they process. In other words, it generally costs your lender about $12.25 of your monthly payment when you use a credit card.

What is the minimum credit score to finance? ›

Generally, the required credit score for a personal loan is at least 580. To qualify for a lender's lowest interest rate, borrowers typically need a score of at least 800 and a high income.

What is the minimum credit score for car finance? ›

Car finance and credit scoring

There isn't a minimum credit score required to get car finance – it depends on the lender and the type of finance you go for.

What credit score is needed for proceed finance? ›

Proceed Finance approves loans for credit scores as low as 640. There is no down payment required. You can apply online in under a minute and will receive an instant decision in most cases.

What credit score do you need for a vehicle loan? ›

Still, you typically need a good credit score of 661 or higher to qualify for an auto loan. About 69% of retail vehicle financing is for borrowers with credit scores of 661 or higher, according to Experian. Meanwhile, low-credit borrowers with scores of 600 or lower accounted for only 14% of auto loans.

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