Looking For Car Finance In Alaska During December 2019?
Getting the best deal on a car loan in Alaska can save you a significant amount of money over the life of your loan. That’s why you need a partner who knows how to get you approved for the vehicle that you want at the lowest car loan interest rate possible and with no hassle.
The AllCreditCarLoans network of finance partners provides quick and easy auto finance decisions for all credit situations. Our finance partners are making more loans, approving buyers with lower credit scores, offering lower monthly payments and making larger loans than ever before. There has never been a better time to get an auto loan than right now.
By working with AllCreditCarLoans, you can get preapproved for a car loan before going to the car dealership, so that you can negotiate as a cash buyer and get the best deal possible.
So, no matter what your credit situation, if you are looking for a quick, no-hassle auto loan at the best rate, just click the button below to get the process started. Our one-page application form is simple and easy to use. It only takes a few minutes.
We Can Get You Financed Despite Any Special Circumstances
You need a new car and we are here to help you get it!
Your chances of obtaining vehicle financing are very good. Via our network of dealer and lender partners, we have many options available to get you financed. Difficult circumstances are our specialty and we have seen nearly every situation possible.
We have helped…
Car buyers get their first car
Car buyers with a past repossession
Car buyers with a past bankruptcy
Car buyers who are paid in cash
Car buyers who are self-employed
Car buyers who receive social security benefits
Car buyers who are on disability
Car buyers who are retired
Car buyers with no money to put down
Car buyers with a trade-in vehicle
Apply today and let us start helping you get that new car that you need!
Watch Our Video On Getting A Car Loan In Alaska
AllCreditCarLoans Follows A Simple 1-2-3 Auto Loan Application Process
No need to wait for hours at a dealership or submit reams of paperwork. No need to worry about your gathering together your credit history. With our streamlined application process, everything is as easy as 1-2-3.
- 1 - COMPLETE OUR ONLINE APPLICATION - This process only takes a few minutes. Our simple application is safe and secure, so you don’t have to worry about your information. There is no cost. Applying for your auto loan is totally FREE.
- 2 - RECEIVE YOUR CREDIT APPROVAL - Getting your loan approval is fast and easy. AllCreditCarLoans has an extensive lending network, so the approval process is fast and efficient. You don’t have to wait for days, weeks or months. Many applicants receive loan approval on the same day.
- 3 - CHOOSE YOUR VEHICLE - With our easy as 1-2-3 process, you can buy your vehicle on the same day that your loan is approved. Just visit your nearby auto dealership and negotiate like a cash buyer.
Your Auto Financing Options
Your credit history and where you are buying your car from will determine the kind of auto loan you need.
Whether you are buying a new or used car from a dealer; you need a program designed to help you get a vehicle loan despite credit challenges; or you are looking to refinance your existing loan - we can help.
We provide a variety of car financing options to suit your needs and credit situation:
- Alaska New Car Loans
- Alaska Used Car Loans
- Alaska Auto Refinance Loans
- Alaska Good and Fair Credit Car Loans
- Alaska Bad, Poor and Horrible Credit Auto Loans
Our loan programs are tailored to your exact needs and budget and are designed to meet or exceed the features of national auto finance companies like Capital One Auto Finance, Carmax Used Cars, USAA Auto Loans, Chase Auto Loans, Wells Fargo Auto Loans, Bank of America Car Loans, Navy Federal Car Loans, AAA Auto Loans, Key Bank Auto Loans, PNC Car Loans, Bankrate Auto Loans, US Bank Auto Loans, TD Bank Car Loans and State Farm Auto Loans.
We've provided car loans for first-time buyers, car financing for college students and we are proud to have arranged military and veteran auto financing for service members and their spouses. We've even been able to help foreign nationals and others who do not qualify for a social security number to obtain an auto loan with their ITIN number.
We also specialize in sub-prime auto financing including financing a car after bankruptcy and helping borrowers to obtain a car loan after repossession.
If you are looking for a car title loan or the best place to refinance your car, we have programs that can help you as well.
AllCreditCarLoans works with the best buy here pay here car lots near you, bad credit auto dealers, second chance auto dealers and other car loan lenders to provide the best auto rates.
You are never alone in this process. Our reliable lender partners will guide you every step of the way -- from the time you begin processing your application, all the way to the day when you drive home your new car. Click the button below to let us get started helping you today!
Auto Loan Calculator For Alaska
Use our car payment calculator to determine how much you can spend when refinancing or financing your next car. You can run different scenarios by varying the "down payment" and "number of months" fields in order to arrive at your desired payment.
Your total car expenses should be no more than 20% of your take-home pay.
What To Know Before You Apply For An Auto Loan
Car Loan Credit Score
Credit scores give lenders an idea of how you manage your finances. These scores are essential in helping you plan your finances well. Likewise, credit scores can be testaments of how well you make decisions, as well as how healthy your spending habits are. Credit scores can help determine whether you pay your bills on-time, if you use your credit cards wisely, and how well you manage your loans.
The higher your credit score, the lower the interest rate you will likely be asked to pay.
Therefore, if you have multiple loans that are unpaid; if your credit cards have been maxed out and several of your bills remain unpaid, you earn a low credit score. While it does not define the kind of person that you are, your score can indicate an unhealthy financial habit, which can make you appear "too risky" and turn away lenders.
A lot of lenders do not offer auto finance loans to applicants who have a low credit score because they do not want to encounter problems when collecting payments. Some lenders accept borrowers with low scores, but they often charge higher interest rates for the loans they make. This is because they want to lessen the risks that your low credit score represents.
But AllCreditCarLoans is different. We work with leading car finance lenders and auto dealers to help you find the best auto loan terms for your credit situation. Fill out our quick and easy one-page application to let us get you financed today.
Car Loan Interest Rates
The interest rate you’ll receive depends upon your credit history, your income, the length of the loan and the vehicle you choose.
Soft vs. Hard Credit Pull
Your auto lender may do a "soft" credit pull in order to pre-qualify you for a car loan. A "soft" credit pull doesn’t subtract from your credit score the same way a "hard" pull does, but it also doesn’t guarantee you’ll be approved for a loan or that you'll get the exact rate you’ve been quoted. A "hard" credit pull will be required before the loan terms are finalized.
If you are applying with multiple lenders in order to shop the best interest rates, it makes sense to complete all your loan applications within a short time-frame. The credit reporting agencies tend to count multiple hard inquiries made within a short period as only one inquiry.
It's a good idea to know your credit score before you apply for your loan. If you are unsure what your credit score is, you can always use this service to find your credit score.
If your credit score could use improvement, you can work with a credit repair vendor to improve your credit score.
Car Loan Terms
While it is possible to find a lender who will finance a vehicle for up to 84 months, we don't recommend stretching out payments any longer than you need. It’s best to pay off a car loan as quickly as you can since cars depreciate rapidly. The longer the loan term, the more probable that at some point you will end up owing more on the loan than the car is worth. Being underwater or upside-down on a loan is a risky financial situation. The best interest rates are available for shorter loan terms. We recommend keeping your loan term to 3 years for used cars and up to 5 years for new cars.
Auto Loan Restrictions
Some lenders only work within a specific network of auto dealerships. This could limit your choice of vehicles to a handful of auto makes, models and vehicle types.
Some lenders will only work with car dealers so you won't be able to use them to buy a car from a private seller.
Steps To Get A Car Loan
Shopping for a vehicle has never been easier. Our vast network of lending partners and streamlined process makes getting a loan quick and easy.
1 - Budget For Your Car Purchase
The first step in obtaining financing is to figure out how much you can afford to spend.
If you have a vehicle to trade-in, you should determine its value so that you can factor that into your budget. A good resource for determining your autos market value is Kelley Blue Book.
Next, you'll want to consider how much money you have to use for a down-payment. The more money you put down, the lower your monthly payment will be. If you need an auto loan with no down payment, don't worry. We can still help you.
Finally, use our car loan calculator to estimate your monthly payment. You can vary the interest rate and loan term to see how that affects the potential monthly payment.
2 - Choose Whether You Want A New Or Used Auto
If you've chosen to buy a new car, you will most likely be purchasing the vehicle from a car dealership. In order to get the best deal on new car financing, follow our new car recommendations.
If you are looking to get the most value for your dollar, you will likely be better off financing a used car. For the best results, follow our used car recommendations.
3 - Apply For Your Car Loan
Click the button below and fill out our quick and easy application form to get started right away!
New Car Loans
New car loans are the most common type of auto financing. Beyond the traditional option of getting approved through a new car dealer, many consumers have found that they can save money and gain negotiating leverage by arranging their auto financing in advance.
Most new car dealerships are able to apply rebates and incentives to reduce the need for money down. If you have negative equity in a vehicle that you're trading in, you may have to provide money down to cover the negative equity so that it's not carried over into your new loan. While buying a new car with bad credit isn't so common, there are many manufacturers that offer lower-priced new cars with attractive financing incentives to make buying easier for people with lower credit scores.
Let us help you get preapproved for that new car loan and you will become a cash buyer. This saves you time at the dealership and gives you the power to negotiate your best deal on any car you choose. Apply for a new car loan in Alaska and see how much we can save you.
Used Auto Loans
A used car loan is our most commonly requested loan. By letting us help pre-arrange your funding source, you know that you'll have the power to negotiate the best deal. Apply for a used vehicle loan and see what type of rate & term you can get from our participating lenders.
Buying a used auto will typically provide the best value. That's because the prior owners have already absorbed the biggest portion of the vehicle's depreciation and you may have the option to buy directly from a private seller, thus saving dealer fees. We can help you with an auto loan to buy from a private seller.
If you choose to purchase a used vehicle, you can click here to view the inventory of used car dealerships in Alaska.
Shopping For The Best Vehicle Loan Rates In Alaska?
Whether you are looking for the best interest rate for a new or used car, or you want to refinance a vehicle loan, we can help.
With a lower interest rate, you'll save money and pay off your auto loan faster. The single most important thing you can do to save money on a vehicle loan is to shop for the best interest rate before you set foot in a dealership. By knowing what kind of rate you qualify for before you try to buy a car, you accomplish three things:
- You can focus your negotiations with the dealer on the vehicle price rather than on financing terms
- You won't end up getting a higher cost loan than you want
- You'll know what range of car payments you can qualify for
Use our car loan calculator to determine what range of payments you can expect. You can enter your balance, term, and interest rate to calculate what the payment will be. You can compare different scenarios to see how much more you can save by increasing your down payment.
Average Vehicle Payment Interest Rates You Can Expect
|Credit Score Range||Average APR for a New Car||Average APR for a Used Car|
|781 - 850||3.68%||4.34%|
|661 - 780||4.56%||5.97%|
|601 - 660||7.52%||10.34%|
|501 - 600||11.89%||16.14%|
|300 - 500||14.41%||19.98%|
Why Getting Preapproved For A Vehicle Loan Is Important
Having a preapproved loan streamlines the buying process because you become a cash buyer and you can bypass the usual salesman's tactic of negotiating based on monthly payment. The problem with negotiating based on the monthly payment amount is that you can easily lose sight of the total cost and end up paying more.
As you negotiate your best deal, be sure to leave enough money to cover the sales tax and any additional fees. This way your total "out the door" cost does not exceed the maximum amount of your preapproved auto loan.
While you are at the dealership, the finance manager may try to beat the interest rate of your preapproved loan. Before accepting the dealer's loan, make sure that the interest rate is lower, all of the other terms are comparable, and the final total price is less. It's good to be cautious because there is always a risk that the finance manager could juggle the numbers in the dealership's favor and you could end up spending more money than you would with your preapproved car loan.
How Does Getting Preapproved For A Car Loan Work?
Car dealers usually offer auto financing through their preferred lenders, typically at a higher loan rate than available elsewhere. Getting preapproved directly with one of our lending partners helps you to negotiate the best auto loan rate before you even get to the dealership so that you can save money in the long run.
When you start your car buying process at a dealership, the salesmen will focus on the monthly payment, which makes it easier to forget about the actual price of the car. But when you show up with a preapproved auto loan, negotiations can be based on the price of the car instead.
How To Get Pre-Qualified For An Auto Loan
When you’re applying with us, the application process is simple and quick. You should have the following information on-hand:
- Driver’s license and Social Security number
- Proof of income
- Employment verification
This information helps our lending partners to get a clear picture of your financial status, making it easier to secure the best auto loan rates for your credit situation.
Coordinates: 64°N 150°W / 64°N 150°W / 64; -150
Alaska is the northernmost and westernmost state in the United States and has the most easterly longitude in the United States because the Aleutian Islands extend into the Eastern Hemisphere. Alaska is the only non-contiguous U.S. state on continental North America; about 500 miles (800 km) of British Columbia (Canada) separates Alaska from Washington. It is technically part of the continental U.S., but is sometimes not included in colloquial use; Alaska is not part of the contiguous U.S., often called “the Lower 48”. The capital city, Juneau, is situated on the mainland of the North American continent but is not connected by road to the rest of the North American highway system.
The state is bordered by Yukon and British Columbia in Canada, to the east, the Gulf of Alaska and the Pacific Ocean to the south and southwest, the Bering Sea, Bering Strait, and Chukchi Sea to the west and the Arctic Ocean to the north. Alaska’s territorial waters touch Russia’s territorial waters in the Bering Strait, as the Russian Big Diomede Island and Alaskan Little Diomede Island are only 3 miles (4.8 km) apart. Alaska has a longer coastline than all the other U.S. states combined.
Alaska is the largest state in the United States by total area at 663,268 square miles (1,717,856 km), over twice the size of Texas, the next largest state. Alaska is larger than all but 18 sovereign countries. Counting territorial waters, Alaska is larger than the combined area of the next three largest states: Texas, California, and Montana. It is also larger than the combined area of the 22 smallest U.S. states.
The United States Census Bureau estimates that the population of Alaska was 737,438 on July 1, 2018, a 3.83% increase since the 2010 United States Census.
In 2010, Alaska ranked as the 47th state by population, ahead of North Dakota, Vermont, and Wyoming (and Washington, D.C.). Estimates show North Dakota ahead as of 2018. Alaska is the least densely populated state, and one of the most sparsely populated areas in the world, at 1.2 inhabitants per square mile (0.46/km), with the next state, Wyoming, at 5.8 inhabitants per square mile (2.2/km). Alaska is by far the largest U.S. state by area, and the tenth wealthiest (per capita income). As of November 2014, the state’s unemployment rate was 6.6%.
As of 2018, it is one of 14 U.S. states that still has only one telephone area code.
According to the 2010 United States Census, Alaska, had a population of 710,231. In terms of race and ethnicity, the state was 66.7% White (64.1% Non-Hispanic White), 14.8% American Indian and Alaska Native, 5.4% Asian, 3.3% Black or African American, 1.0% Native Hawaiian and Other Pacific Islander, 1.6% from Some Other Race, and 7.3% from Two or More Races. Hispanics or Latinos of any race made up 5.5% of the population.
As of 2011, 50.7% of Alaska’s population younger than one year of age belonged to minority groups (i.e., did not have two parents of non-Hispanic white ancestry).
According to the 2011 American Community Survey, 83.4% of people over the age of five spoke only English at home. About 3.5% spoke Spanish at home, 2.2% spoke another Indo-European language, about 4.3% spoke an Asian language (including Tagalog), and about 5.3% spoke other languages at home.
The Alaska Native Language Center at the University of Alaska Fairbanks claims that at least 20 Alaskan native languages exist and there are also some languages with different dialects. Most of Alaska’s native languages belong to either the Eskimo–Aleut or Na-Dene language families; however, some languages are thought to be isolates (e.g. Haida) or have not yet been classified (e.g. Tsimshianic). As of 2014 nearly all of Alaska’s native languages were classified as either threatened, shifting, moribund, nearly extinct, or dormant languages.
A total of 5.2% of Alaskans speak one of the state’s 20 indigenous languages, known locally as “native languages”.
In October 2014, the governor of Alaska signed a bill declaring the state’s 20 indigenous languages to have official status. This bill gave them symbolic recognition as official languages, though they have not been adopted for official use within the government. The 20 languages that were included in the bill are:
According to statistics collected by the Association of Religion Data Archives from 2010, about 34% of Alaska residents were members of religious congregations. 100,960 people identified as Evangelical Protestants, 50,866 as Roman Catholic, and 32,550 as mainline Protestants. Roughly 4% are Mormon, 0.5% are Jewish, 1% are Muslim, 0.5% are Buddhist, 0.2% are Bahá’í, and 0.5% are Hindu. The largest religious denominations in Alaska as of 2010 were the Catholic Church with 50,866 adherents, non-denominational Evangelical Protestants with 38,070 adherents, The Church of Jesus Christ of Latter-day Saints with 32,170 adherents, and the Southern Baptist Convention with 19,891 adherents. Alaska has been identified, along with Pacific Northwest states Washington and Oregon, as being the least religious states of the USA, in terms of church membership,
In 1795, the First Russian Orthodox Church was established in Kodiak. Intermarriage with Alaskan Natives helped the Russian immigrants integrate into society. As a result, an increasing number of Russian Orthodox churches gradually became established within Alaska. Alaska also has the largest Quaker population (by percentage) of any state. In 2009 there were 6,000 Jews in Alaska (for whom observance of halakha may pose special problems). Alaskan Hindus often share venues and celebrations with members of other Asian religious communities, including Sikhs and Jains.
Estimates for the number of Muslims in Alaska range from 2,000 to 5,000. The Islamic Community Center of Anchorage began efforts in the late 1990s to construct a mosque in Anchorage. They broke ground on a building in south Anchorage in 2010 and were nearing completion in late 2014. When completed, the mosque will be the first in the state and one of the northernmost mosques in the world. There’s also a Bahá’í Center.
Zip Code Map
Alaska neighborhoods include: Anchorage, Anchor Point, Chiniak, Chugiak, Clam Gulch, Cooper Landing, Delta Junction, Douglas, Eagle River, Eielson Afb, Elmendorf Afb, Fairbanks, Fort Richardson, Girdwood, Haines, Homer, Indian, Juneau, Kasilof, Kenai, Ketchikan, Kodiak, Metlakatla, Moose Pass, Nikolaevsk, Ninilchik, North Pole, Salcha, Seward, Sitka, Soldotna, Sterling, Tyonek, Wasilla
For more information, see Alaska wiki