If you’ve ever financed a car through a bank instead of the dealership, you’re aware that it’s the best way to minimize your negotiations on the showroom floor. If you haven’t, try it and shop with confidence when you’ve decided it’s time to replace your vehicle with a brand new ride.
BB&T offers the competitive rates, simple loan application process and quick approval you’ll need to get on the road. Currently, it’s offering a 36-month auto loan for South Carolina customers who want shorter terms to pay off their cars more quickly, with a 2.29% interest rate that keeps their monthly payments low as can be.
BB&T Auto Loan Terms and Conditions
Terms for this auto loan are simple: customers eligible for BB&T’s 2.29% rate must have a credit score of 740 or higher, with a debt-to-income ratio of 43 percent or less. Their approved loan amounts must also be $15,001 or more. The interest rate remains fixed, so there’s no need to worry that your payments, remaining balance or credit will be affected over the loan’s three-year total lifespan.
Its history spans back to the conclusion of the Civil War, meaning BB&T has succeeded through changes of three separate centuries. Based in North Carolina, BB&T operates 1,842 financial centers in 12 states, and in Washington, D.C., and offers a full range of banking products to choose from. As of late 2014, BB&T had more than $187 in total assets, a dollar figure that continues to grow.
Don’t settle for high interest rates — find more great auto loans today.