Looking For A Car Loan In San Francisco CA During June 2020?
Getting the best deal on an auto loan in San Francisco CA can save you a significant amount of money over the life of your loan. That’s why you need a partner who knows how to get you approved for the vehicle that you want at the lowest interest rate possible and without hassle.
The AllCreditCarLoans network of lending partners provides quick and easy auto loan decisions for all credit situations. Our lender partners are making more loans, approving buyers with lower credit scores, offering lower monthly payments and making larger loans than ever before. There has never been a better time to get an auto loan than right now.
By working with AllCreditCarLoans, you can get preapproved for an auto loan before going to the dealership, so that you can negotiate as a cash buyer and get the best deal possible.
So, no matter what your credit situation, if you are looking for a quick, no-hassle car loan at the best rate, just click the button below to get the process started. Our one-page application form only takes a few minutes to complete.
We Can Get You Financed Despite Any Special Circumstances
You need a new car and we are here to help you get it!
Your chances of obtaining vehicle financing are very good. Via our network of dealer and lender partners, we have many options available to get you financed. Difficult circumstances are our specialty and we have seen nearly every situation possible.
We have helped…
Car buyers get their first car
Car buyers with a past repossession
Car buyers with a past bankruptcy
Car buyers who are paid in cash
Car buyers who are self-employed
Car buyers who receive social security benefits
Car buyers who are on disability
Car buyers who are retired
Car buyers with no money to put down
Car buyers with a trade-in vehicle
Apply today and let us start helping you get that new car that you need!
Watch Our Video On Getting A Car Loan In San Francisco CA
AllCreditCarLoans Follows A Simple 1-2-3 Auto Loan Application Process
No need to wait for hours at a dealership or submit reams of paperwork. No need to worry about your gathering together your credit history. With our streamlined application process, everything is as easy as 1-2-3.
- 1 - COMPLETE OUR ONLINE APPLICATION - This process only takes a few minutes. Our simple application is safe and secure, so you don’t have to worry about your information. There is no cost. Applying for your auto loan is totally FREE.
- 2 - RECEIVE YOUR CREDIT APPROVAL - Getting your loan approval is fast and easy. AllCreditCarLoans has an extensive lending network, so the approval process is fast and efficient. You don’t have to wait for days, weeks or months. Many applicants receive loan approval on the same day.
- 3 - CHOOSE YOUR VEHICLE - With our easy as 1-2-3 process, you can buy your vehicle on the same day that your loan is approved. Just visit your nearby auto dealership and negotiate like a cash buyer.
Your Vehicle Financing Options
Your credit history and whom you are buying your car from will determine what kind of auto loan you need.
Whether you are buying a used or new vehicle from a dealer; you need a program designed to help you get a loan despite any credit challenges; or you are looking to refinance an existing loan - we are here to help.
We provide a variety of vehicle financing options to suit your budget and credit situation:
- San Francisco CA New Car Loans
- San Francisco CA Used Car Loans
- San Francisco CA Auto Refinance Loans
- San Francisco CA Good and Fair Credit Car Loans
- San Francisco CA Bad, Poor and Horrible Credit Auto Loans
Our loan programs are tailored to your exact needs and budget and are designed to meet or exceed the features of national auto finance companies like Capital One Auto Loans, Carmax Auto, USAA Car Loans, Chase Bank Auto Loans, Wells Fargo Auto Finance, Bank of America Auto Loans, NFCU Auto Loans, AAA Auto Loans, Key Bank Auto Loans, PNC BankAuto Loans, Bankrate Auto Loans, US Bank Auto Loans, TD Bank Auto Finance and State Farm Bank Auto Loans.
AllCreditCarLoans works with the best buy here pay here dealerships near you, bad credit dealers, second chance dealers and other lenders to provide the best rates.
We've provided loans for first-time buyers, students, active military and veterans. We've helped foreign nationals and others who do not qualify for a social security number to obtain an auto loan with their ITIN.
If you are looking for a title loan or the best place to refinance your vehicle, we have programs that can help you as well.
We also specialize in subprime auto financing even after bankruptcy and a repossession.
You are never alone in this process. Our reliable lender partners will guide you every step of the way -- from the time you begin processing your application, all the way to the day when you drive home your new car. Click the button below to let us get started helping you today!
Car Finance Calculator For San Francisco CA
Use the AllCreditCarLoans monthly car payment calculator to help determine how much you can afford to spend when financing or refinancing a car. You can run multiple scenarios varying the "down payment" and "number of months" in order to get the monthly payments where you would like them to be.
We recommend that you target your total car expenses to be no more than 20% of your take-home pay.
What To Know Before You Apply For An Auto Loan
Car Loan Credit Score
Credit scores give lenders an idea of how you manage your finances. These scores are essential in helping you plan your finances well. Likewise, credit scores can be testaments of how well you make decisions, as well as how healthy your spending habits are. Credit scores can help determine whether you pay your bills on-time, if you use your credit cards wisely, and how well you manage your loans.
The higher your credit score, the lower the interest rate you will likely be asked to pay.
Therefore, if you have multiple loans that are unpaid; if your credit cards have been maxed out and several of your bills remain unpaid, you earn a low credit score. While it does not define the kind of person that you are, your score can indicate an unhealthy financial habit, which can make you appear "too risky" and turn away lenders.
A lot of lenders do not offer auto finance loans to applicants who have a low credit score because they do not want to encounter problems when collecting payments. Some lenders accept borrowers with low scores, but they often charge higher interest rates for the loans they make. This is because they want to lessen the risks that your low credit score represents.
But AllCreditCarLoans is different. We work with leading car finance lenders and auto dealers to help you find the best auto loan terms for your credit situation. Fill out our quick and easy one-page application to let us get you financed today.
Car Loan Interest Rates
The interest rate you’ll receive depends upon your credit history, your income, the length of the loan and the vehicle you choose.
Soft vs. Hard Credit Pull
Your auto lender may do a "soft" credit pull in order to pre-qualify you for a car loan. A "soft" credit pull doesn’t subtract from your credit score the same way a "hard" pull does, but it also doesn’t guarantee you’ll be approved for a loan or that you'll get the exact rate you’ve been quoted. A "hard" credit pull will be required before the loan terms are finalized.
If you are applying with multiple lenders in order to shop the best interest rates, it makes sense to complete all your loan applications within a short time-frame. The credit reporting agencies tend to count multiple hard inquiries made within a short period as only one inquiry.
It's a good idea to know your credit score before you apply for your loan. If you are unsure what your credit score is, you can always use this service to find your credit score.
If your credit score could use improvement, you can work with a credit repair vendor to improve your credit score.
Car Loan Terms
While it is possible to find a lender who will finance a vehicle for up to 84 months, we don't recommend stretching out payments any longer than you need. It’s best to pay off a car loan as quickly as you can since cars depreciate rapidly. The longer the loan term, the more probable that at some point you will end up owing more on the loan than the car is worth. Being underwater or upside-down on a loan is a risky financial situation. The best interest rates are available for shorter loan terms. We recommend keeping your loan term to 3 years for used cars and up to 5 years for new cars.
Auto Loan Restrictions
Some lenders only work within a specific network of auto dealerships. This could limit your choice of vehicles to a handful of auto makes, models and vehicle types.
Some lenders will only work with car dealers so you won't be able to use them to buy a car from a private seller.
Steps To Get A Vehicle Loan
Shopping for a car has never been easier. Our vast network of lender partners and streamlined process makes getting an auto loan quick and easy.
1 - Budget For Your Purchase
The first step in obtaining auto financing is to figure out how much you can afford to spend.
If you have a vehicle to trade-in, you should determine its value so that you can factor that into your budget. A good resource for determining your cars market value is Kelley Blue Book.
Next, you'll want to consider how much money you have to use for a down-payment. The more money you put down, the lower your monthly payment will be. If you need an auto loan with no down payment, don't worry. We can still help you.
Finally, use our auto finance calculator to estimate your monthly payment. You can vary the interest rate and loan term to see how that affects the potential monthly payment.
2 - Choose Whether You Want A New Or Used Car
If you've chosen to buy a new car, you will most likely be purchasing the vehicle from a car dealership. In order to get the best deal on new car financing, follow our new car recommendations.
If you are looking to get the most value for your dollar, you will likely be better off financing a used car. For the best results, follow our used car recommendations.
3 - Apply For Your Auto Loan
Click the button below and fill out our quick and easy application form to get started right away!
New Vehicle Loans
New auto loans are the most common type of vehicle financing. Beyond the traditional option of getting approved through a dealer, many consumers have found that they can save money and gain negotiating leverage by arranging their car financing in advance.
Most new dealerships are able to apply rebates and incentives to reduce the need for money down. If you have negative equity in a car that you're trading in, you may have to provide money down to cover the negative equity so that it's not carried over into your new loan. While buying a new auto with bad credit isn't so common, there are many manufacturers that offer lower-priced new vehicles with attractive financing incentives to make buying easier for people with lower credit scores.
Let us help you get preapproved for that loan you want and you will become a cash buyer. This saves you time at the dealership and gives you the power to negotiate your best deal on any vehicle you choose. Apply for a new car loan in San Francisco CA and see how much we can save you.
Used Auto Loans
A used car loan is our most commonly requested loan. By letting us help pre-arrange your funding source, you know that you'll have the power to negotiate the best deal. Apply for a used vehicle loan and see what type of rate & term you can get from our participating lenders.
Buying a used auto will typically provide the best value. That's because the prior owners have already absorbed the biggest portion of the vehicle's depreciation and you may have the option to buy directly from a private seller, thus saving dealer fees. We can help you with an auto loan to buy from a private seller.
If you choose to purchase a used vehicle, you can click here to view the inventory of used car dealerships in San Francisco CA.
Shopping For The Best Auto Loan Rates In San Francisco CA?
Whether you are looking for the best car loan interest rate for a new or used vehicle, or you want to refinance an auto loan, we can help.
With a lower interest rate, you'll save money and pay off your car loan faster. The single most important thing you can do to save money on an auto loan is to shop for the best auto loan rate before you set foot in a dealership. By knowing what kind of rate you qualify for before you try to buy a vehicle, you accomplish three things:
- You'll know what range of car payments you can qualify for
- You can focus your negotiations with the dealer on the vehicle price rather than on financing terms
- You won't end up getting a higher cost loan than you want
Use our car loan calculator to determine what range of payments you can expect. You can enter your balance, term, and interest rate to calculate what the payment will be. You can compare different scenarios to see how much more you can save by increasing your down payment.
Average Car Payment Interest Rates You Can Expect
|Credit Score Range||Average APR for a New Car||Average APR for a Used Car|
|781 - 850||3.68%||4.34%|
|661 - 780||4.56%||5.97%|
|601 - 660||7.52%||10.34%|
|501 - 600||11.89%||16.14%|
|300 - 500||14.41%||19.98%|
Why Getting Preapproved For A Vehicle Loan Is Important
Having a preapproved loan streamlines the buying process because you become a cash buyer and you can bypass the usual salesman's tactic of negotiating based on monthly payment. The problem with negotiating based on the monthly payment amount is that you can easily lose sight of the total cost and end up paying more.
As you negotiate your best deal, be sure to leave enough money to cover the sales tax and any additional fees. This way your total "out the door" cost does not exceed the maximum amount of your preapproved auto loan.
While you are at the dealership, the finance manager may try to beat the interest rate of your preapproved loan. Before accepting the dealer's loan, make sure that the interest rate is lower, all of the other terms are comparable, and the final total price is less. It's good to be cautious because there is always a risk that the finance manager could juggle the numbers in the dealership's favor and you could end up spending more money than you would with your preapproved car loan.
How Does Getting Preapproved For A Car Loan Work?
Car dealers usually offer auto financing through their preferred lenders, typically at a higher loan rate than available elsewhere. Getting preapproved directly with one of our lending partners helps you to negotiate the best auto loan rate before you even get to the dealership so that you can save money in the long run.
When you start your car buying process at a dealership, the salesmen will focus on the monthly payment, which makes it easier to forget about the actual price of the car. But when you show up with a preapproved auto loan, negotiations can be based on the price of the car instead.
How To Get Pre-Qualified For An Auto Loan
When you’re applying with us, the application process is simple and quick. You should have the following information on-hand:
- Driver’s license and Social Security number
- Proof of income
- Employment verification
This information helps our lending partners to get a clear picture of your financial status, making it easier to secure the best auto loan rates for your credit situation.
About San Francisco CA
San Francisco (/ˌsæn frənˈsɪskoʊ, fræn-/, Spanish: [sam fɾanˈsisko]; Spanish for “Saint Francis”), officially City and County of San Francisco and colloquially known as SF, San Fran, or “The City”, is the cultural, commercial, and financial center of Northern California. San Francisco is the 13th most populous city in the United States, and the fourth most populous in California, with 883,305 residents as of 2018. It covers an area of about 46.89 square miles (121.4 km), mostly at the north end of the San Francisco Peninsula in the San Francisco Bay Area, making it the second most densely populated large U.S. city, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. San Francisco is the 12th-largest metropolitan statistical area in the United States, with 4,729,484 people in 2018. With San Jose, it forms the fifth most populous combined statistical area in the United States, the San Jose–San Francisco–Oakland, CA Combined Statistical Area (9.67 million residents in 2018).
San Francisco is located on the West Coast of the United States at the north end of the San Francisco Peninsula and includes significant stretches of the Pacific Ocean and San Francisco Bay within its boundaries. Several picturesque islands—Alcatraz, Treasure Island and the adjacent Yerba Buena Island, and small portions of Alameda Island, Red Rock Island, and Angel Island—are part of the city. Also included are the uninhabited Farallon Islands, 27 miles (43 km) offshore in the Pacific Ocean. The mainland within the city limits roughly forms a “seven-by-seven-mile square”, a common local colloquialism referring to the city’s shape, though its total area, including water, is nearly 232 square miles (600 km).
There are more than 50 hills within the city limits. Some neighborhoods are named after the hill on which they are situated, including Nob Hill, Potrero Hill, and Russian Hill.
Near the geographic center of the city, southwest of the downtown area, are a series of less densely populated hills. Twin Peaks, a pair of hills forming one of the city’s highest points, forms an overlook spot. San Francisco’s tallest hill, Mount Davidson, is 928 feet (283 m) high and is capped with a 103-foot (31 m) tall cross built in 1934. Dominating this area is Sutro Tower, a large red and white radio and television transmission tower.
The nearby San Andreas and Hayward Faults are responsible for much earthquake activity, although neither physically passes through the city itself. The San Andreas Fault caused the earthquakes in 1906 and 1989. Minor earthquakes occur on a regular basis. The threat of major earthquakes plays a large role in the city’s infrastructure development. The city constructed an auxiliary water supply system and has repeatedly upgraded its building codes, requiring retrofits for older buildings and higher engineering standards for new construction. However, there are still thousands of smaller buildings that remain vulnerable to quake damage. USGS has released the California earthquake forecast which models earthquake occurrence in California.
San Francisco’s shoreline has grown beyond its natural limits. Entire neighborhoods such as the Marina, Mission Bay, and Hunters Point, as well as large sections of the Embarcadero, sit on areas of landfill. Treasure Island was constructed from material dredged from the bay as well as material resulting from the excavation of the Yerba Buena Tunnel through Yerba Buena Island during the construction of the Bay Bridge. Such land tends to be unstable during earthquakes. The resulting soil liquefaction causes extensive damage to property built upon it, as was evidenced in the Marina district during the 1989 Loma Prieta earthquake. Most of the city’s natural watercourses, such as Islais Creek and Mission Creek, have been culverted and built over, although the Public Utilities Commission is studying proposals to daylight or restore some creeks.
The U.S. Census Bureau estimates San Francisco’s population to be 883,305 as of July 1, 2018, with a population density of 18,838/sq mi. With nearly one-quarter the population density of Manhattan, San Francisco is the second-most densely populated large American city, behind only New York City among cities greater than 200,000 population, and the fifth-most densely populated U.S. county, following only four of the five New York City boroughs.
San Francisco forms part of the five-county San Francisco–Oakland–Hayward, CA Metropolitan Statistical Area, a region of 4.7 million people, and has served as its traditional demographic focal point. It is also part of the greater 14-county San Jose-San Francisco-Oakland, CA Combined Statistical Area, whose population is over 9.6 million, making it the fifth-largest in the United States as of 2018.
San Francisco has a minority-majority population, as non-Hispanic whites comprise less than half of the population, 41.9%, down from 92.5% in 1940.
As of the 2010 census, the ethnic makeup and population of San Francisco included: 390,387 whites (48%), 267,915 Asians (33%), 48,870 African Americans (6%), and others. There were 121,744 Hispanics or Latinos of any race (15%).
In 2010, residents of Chinese ethnicity constituted the largest single ethnic minority group in San Francisco at 21% of the population; the other Asian groups are Filipinos (5%) and Vietnamese (2%).
The population of Chinese ancestry is most heavily concentrated in Chinatown, Sunset District, and Richmond District, whereas Filipinos are most concentrated in the Crocker-Amazon (which is contiguous with the Filipino community of Daly City, which has one of the highest concentrations of Filipinos in North America), as well as in SoMa. The Tenderloin District is home to a large portion of the city’s Vietnamese population as well as businesses and restaurants, which is known as the city’s Little Saigon.
The principal Hispanic groups in the city were those of Mexican (7%) and Salvadoran (2%) ancestry. The Hispanic population is most heavily concentrated in the Mission District, Tenderloin District, and Excelsior District. The city’s percentage of Hispanic residents is less than half of that of the state.
The population of African Americans in San Francisco is 6% of the city’s population. The percentage of African Americans in San Francisco is similar to that of California. The majority of the city’s black population reside within the neighborhoods of Bayview-Hunters Point, Visitacion Valley, and in the Fillmore District.
According to a 2014 study by the Pew Research Center, the largest religious groupings in San Francisco’s metropolitan area are Christians (48%), followed by those of no religion (35%), Hindus (5%), Jews (3%), Buddhists (2%), Muslims (1%) and a variety of other religions have smaller followings. According to the same study by the Pew Research Center, about 20% of residents in the area are Protestant, and 25% professing Roman Catholic beliefs. Meanwhile, 10% of the residents in metropolitan San Francisco identifies as agnostics, while 5% identifies as atheists.
As of 2010, 55% (411,728) of San Francisco residents spoke only English at home, while 19% (140,302) spoke a variety of Chinese (mostly Taishanese and Cantonese), 12% (88,147) Spanish, 3% (25,767) Tagalog, and 2% (14,017) Russian. In total, 45% (342,693) of San Francisco’s population spoke a language at home other than English.
San Francisco has several prominent Chinese, Mexican, and Filipino ethnic neighborhoods including Chinatown and the Mission District. Research collected on the immigrant clusters in the city show that more than half of the Asian population in San Francisco is either Chinese born (40.3%) or Philippine born (13.1%), and of the Mexican population 21% were Mexican born, meaning these are people who recently immigrated to the United States. Between the years of 1990 and 2000, the number foreign born residents increased from 33% to nearly 40%, During this same time period, the San Francisco Metropolitan area received 850,000 immigrants, ranking third in the United States after Los Angeles and New York.
Of all major cities in the United States, San Francisco has the second-highest percentage of residents with a college degree, behind only Seattle. Over 44% of adults have a bachelor’s or higher degree.
San Francisco had the highest rate at 7,031 per square mile, or over 344,000 total graduates in the city’s 46.7 square miles (121 km).
San Francisco has the highest percentage of gay and lesbian individuals of any of the 50 largest U.S. cities, at 15%.
San Francisco also has the highest percentage of same-sex households of any American county, with the Bay Area having a higher concentration than any other metropolitan area.
San Francisco ranks third of American cities in median household income with a 2007 value of $65,519. Median family income is $81,136.
An emigration of middle-class families has left the city with a lower proportion of children than any other large American city, with the dog population cited as exceeding the child population of 115,000, in 2018.
The city’s poverty rate is 12%, lower than the national average.
Homelessness has been a chronic problem for San Francisco since the early 1970s.
The city is believed to have the highest number of homeless inhabitants per capita of any major U.S. city.
There are 345,811 households in the city, out of which: 133,366 households (39%) were individuals, 109,437 (32%) were opposite-sex married couples, 63,577 (18%) had children under the age of 18 living in them, 21,677 (6%) were unmarried opposite-sex partnerships, and 10,384 (3%) were same-sex married couples or partnerships. The average household size was 2.26; the average family size was 3.11. 452,986 people (56%) lived in rental housing units, and 327,985 people (41%) lived in owner-occupied housing units.
The median age of the city population is 38 years.
San Francisco “declared itself a sanctuary city in 1989, and city officials strengthened the stance in 2013 with its ‘Due Process for All’ ordinance. The law declared local authorities could not hold immigrants for immigration officials if they had no violent felonies on their records and did not currently face charges.” The city issues a Resident ID Card regardless of the applicant’s immigration status.
Homelessness, historically, has been a major problem in the city and remains a growing problem in modern times.
In 2017, 7,500 homeless people were officially counted in the city, two-thirds of whom were dealing with serious health issues like mental illness or HIV.
The city of San Francisco has been dramatically increasing expenditure directed to alleviate the homelessness crisis: spending jumped by $241 million in 2016–17 to total $275 million, compared to a budget of just $34 million the previous year. In 2017–18 the budget for combatting homelessness, much of which is directed towards the building of new shelters and expanding capacity, stood at $305 million.
In January 2018 a United Nations special rapporteur on homelessness, Leilani Farha, stated that she was “completely shocked” by San Francisco’s homelessness crisis during a visit to the city. She compared the “deplorable conditions” of the homeless camps she witnessed on San Francisco’s streets to those she had seen in Mumbai.
Zip Code Map
For more information, see San Francisco California wiki