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Get a better car loan at MoneyAisle.com

·1 min read
Get a better car loan at MoneyAisle.com
Get a better car loan at MoneyAisle.com

Finding the best rate on a car loan has always been a time consuming task. While it was easy to see the super-prime rate of 0.0% at dealers and a range of rates on bank and credit union websites, finding your rate took more work.

More specifically, it took filling out an application at several institutions so that they could check your credit. Finding the best rate on a car loan could easily take an afternoon, if not most of your day. That's soon to change. MoneyAisle wants to flip the car lending marketplace and have lenders bidding on car loans like Lending Tree has them bidding on home loans.

MoneyAisle offers three types of loans: a new car loan, a used car loans and an auto refinance loan, so even if you aren't looking for a car right now you may be able to get a better interest rate and save big on your monthly payments. The average savings based on recent auctions is $97 a month, which Mukesh Chatter, the CEO of MoneyAisle points out, is almost like getting your auto insurance for free.

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