Getting a car loan has become easy; you can now choose from online car loan lenders who deal with a large range of traditional bank and non-bank lenders.

This means you have access to better, and faster, deals without having to do all the running around.

Before proceeding, you need to assess your current credit status, as this will indicate how much of a car loan you can afford. Car loans require monthly repayments, so it should be an amount that fits into your monthly budget. When you have established how much you can afford to repay, you can then determine the maximum amount you can borrow.

You may then search online for an online car loan broker who will collect your details and find the best loan for you. Completing those forms is usually a breeze: just fill in a few fields and click on the 'Submit' button!

Generally, online car loan sites will ask for your basic banking details, your job status, and residence proof. These applications are processed immediately by the broker