Each of our reviews, scores, and rankings is derived from our proprietary Ranking Criteria™. We do not have any relationships with companies that guarantee position, rank or score—and we never will. Like many sites, we are compensated through affiliate relationships with each company we review; however, our Ranking Criteria™, along with real customer reviews from people like you, ensure we remain honest and unbiased. Read on to discover more about how user review moderation and expert scoring is processed or select an industry to see our full ranking criteria.

How we rank for

16% APR

When shopping for car loans, one of the most important considerations is the interest rate. The higher the interest rate, the more money you will pay over the term of the loan. We find the lowest possible interest rates you can get on new, used, and refinanced car loans within a company.

12% Term Length

You want to know how long you’re going to be paying this car loan. What is the minimum and maximum term lengths they offer for new, used, and refinanced car loans? The more flexible a company is with their loan terms, the more favorably they are ranked.

11% Loan Amount

You’ve got to know if the amount you’re looking to borrow is available from the financial institution. We find the minimum and maximum car loan amounts offered by each company. The wider range of loan amounts, the better.

11% Bad Credit Loans

If you have bad credit, you want to find a financial institution that will work with you to still get you a loan. We look for companies that have options for individuals with lower credit scores.

10% Early-Pay Penalty

If you want to get ahead on your loan and pay it off early, you want to be sure you won’t be charged extra fees for paying off your loan before the end of its term.

8% Application Fees

What kind of fees does the institution charge you for applying for credit? Companies are ranked positively if you can apply for free.

7% Mileage Limit

What is the maximum mileage on a car the company allows you to take out a loan for? The mileage they accept will determine what kind of car you can receive financing for.

10% Stability Score

We look at the legal history and financial stability of each company. This metric takes into consideration any bankruptcies, class action lawsuits, government lawsuits, or government investigations a company has had in the last five years.

15% User Score

Authentic user reviews are critical to what we’re doing at BestCompany.com. Because customer service is an important reflection of a company overall, nobody can provide better insights about a company’s performance than actual customers. Consequently, every company’s overall score is influenced, at least in part, by reviews submitted by customers.

For more information on how we moderate user reviews submitted to our site, you may refer to our Review Guidelines page.

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