2026 Truist Auto Loan Review
Best for low rates: auto loans are good for well-qualified borrowers seeking competitive starting rates and expedited funding, especially if you’re a current customer or live near a branch.
auto loan rates and terms
| Starting annual percentage rate (APR) | Loan terms | Loan amounts | Fees
Fee information in this review reflects what the lender publicly discloses on its website or to LendingTree directly, and doesn’t necessarily cover all fees that exist. Other fees may apply. “Not specified” means the lender has not provided fee details to us and/or doesn’t publish its fees.
| Minimum credit score | ||
|---|---|---|---|---|---|---|
| New auto loans | Up to months | Not specified | ||||
| Used auto loans | Up to months | Not specified | ||||
| Refinance auto loans | Up to months | Not specified |
pros and cons
Pros
- Quick approval and potential for same-day funding
- Low starting rates
- Locked-in interest rates for 30 days after your application is approved
- Offers financial hardship assistance
Cons
- No online application process for secured auto loans
- Non-customers must apply for secured auto loans in person
- Only offers branches in 17 states and Washington, D.C.
- Doesn’t share what credit score or salary you need to qualify
In 2025, Bank reached a $4.1 million class action settlement for allegedly violating the federal Telephone Consumer Protection Act (TCPA) by sending prerecorded calls to consumers without their consent.
According to the Charlotte Observer, maintains that it committed no wrongdoing related to the claims.
What you need to get a car loan with
doesn’t offer information on its minimum credit score to get a car loan. Most people who are approved for auto loans have a credit score over 660.
You’ll need the following information to apply for a car loan with :
- Your income and employment information
- A driver’s license
- Documents that prove your residency/address
- A copy of the bill of sale or buyer’s order (for car purchases)
- A copy of your current registration (for auto loan refinances)
Use our car loan documentation checklist to ensure you have all the necessary documents to apply for a car loan.
How ’s starting rates compare to LendingTree’s lowest offers
Bank’s auto loan rates for new, used and refinance loans start at , though that rate is typically reserved for the most well-qualified borrowers.
Find out whether ‘s offer is competitive for you by comparing your APR with the lowest offers available in the LendingTree marketplace for your credit range.
| Credit range | Average lowest APR for new auto loan offers | Average lowest APR for used auto loan offers | Average lowest APR for auto refi loan offers |
|---|---|---|---|
| Excellent (800+) | 7.16% | 9.34% | 5.06% |
| Very good (740 – 799) | 8.07% | 8.47% | 5.29% |
| Good (670 – 739) | 11.34% | 13.30% | 6.13% |
| Fair (580 – 669) | 20.51% | 22.36% | 9.02% |
| Poor (under 580) | 22.85% | 24.35% | 13.70% |
Estimate your monthly payment
About 5% of people with an auto loan are behind on payments, according to a LendingTree study. Using an auto loan calculator before signing on the dotted line can help you avoid taking on more of a car payment than you can handle.
Types of auto loans
offers the following types of auto loans:
- New or used car loans
- Auto refinancing
- RV loans
- Boat loans
- Auto loans for small businesses
When banks compete, you win
Customers who used LendingTree to shop for car loans in July 2025 saved an average of $2,346 by choosing the offer with the lowest APR. Here’s how it works.
Tell us what you need
Take two minutes to tell us who you are and how much money you need for your vehicle — we’ll take care of the rest. It’s free, simple and secure.
Shop your offers
We’ll send you offers from up to five trusted lenders. Compare your offers side by side to see which one will save you the most money.
Get your money
It’s smooth sailing once you finalize your loan with your lender — you could see money in your account in as soon as 24 hours.
Is a auto loan right for you?
auto loans may be a great option for current customers or people who already live in one of the states where the lender operates. But if you want the ease and convenience of applying for a car loan online, consider other lenders.
Shop around for car insurance on the LendingTree marketplace to find affordable rates. Among consumers who switched providers, 92% said they saved money and nearly two-thirds saved at least $100 on their annual car insurance rate, according to a LendingTree survey.
How auto loans compare
Unlike many competitors, doesn’t offer online applications and restricts non-customers to in-person appointments. Here’s how ’s new car loans compare with competitors’:
| Autopay | Navy Federal Credit Union (NFCU) | ||
|---|---|---|---|
| Starting APR | 4.85%
test
| 8.95% | |
| Loan terms | Up to months | Not specified – Not specified months | 12 – 180 months |
| Loan amounts | Starting at $2,500 | Not specified – Not specified | |
| Fees
Fee information in this review reflects what the lender publicly discloses on its website or to LendingTree directly, and doesn’t necessarily cover all fees that exist. Other fees may apply. “Not specified” means the lender has not provided fee details to us and/or doesn’t publish its fees.
| Not specified | Not specified | Not specified |
| Minimum credit score |
Both Autopay and Navy Federal Credit Union (NFCU) offer online car loan applications, and you can qualify even with bad credit. Their starting rates are slightly higher than ’s, but this only matters if you have excellent credit.
Frequently asked questions
car loan rates start at , which is competitive with other top auto loan lenders.
doesn’t specify a minimum credit score, but most approved car buyers have a score of at least 661.
offers approvals with fast funding, and you might get your money the same day you’re approved. If you already have a account, you can skip the trip to the bank and call to apply for a secured auto loan.
But if you’re not a customer, you’ll have to visit a branch.
Get auto loan offers from up to 5 lenders in minutes