 TITLE: How to Get a Used Car Loan CONTENT: Used Car Loans From Online Lenders\n----------------------------------\nOnline lenders work similarly to banks and credit unions, except that the loan application process takes place entirely online. Many online lenders specialize in certain types of loans, such as auto loans, or certain types of borrowers, such as people with fair to poor credit. You'll start by getting prequalified with the online lender; once you're prequalified, you can submit an official loan application.\nUsing an online lending platform to find a used car loan has some advantages. You can get prequalified quickly and compare loans from several online lenders much faster than you could with traditional banks. You can also get approved and receive your loan funds in just a few days. But there are disadvantages too. Online loans may not offer terms as good as your bank or credit union, and if you prefer talking to lenders face-to-face, an online lender isn't the best option for you. END