Getting pre-approved for your auto loan makes it easy to shop with confidence, because you’ll know exactly what you can afford.
Yes! When you apply for a preapproval, your credit is checked in the same fashion as a regular loan. However, the difference lies in that the pre-approval doesn’t require you to provide information about the specific vehicle you want to purchase, making this the ideal option if you want to determine how much you can borrow, while shopping around, in order to narrow down your choices.
In most cases, the preapproval application takes less than 10 minutes to fill out, and you may get a response right away. However, there are times when we have questions about your application or simply need more detailed information, and will follow up with a phone call before a decision is made. Either way, the confirmation message that comes up when you submit your application will let you know.
No. There is no cost to apply for a preapproval or an auto loan online though Dupaco.
You are now ready to complete the loan process. Be sure to get in contact with the Dupaco lender that you have been working with. In most cases, you can sign paperwork electronically without having to come into a branch. Once all of the paperwork has been signed, the funds will be transferred into your account so you can complete the purchase!
