My Car Lender

Home / Finance / Georgia Auto Finance / Atlanta (GA) Auto Loans


Nearly all new cars and trucks are purchased with loans or leased. It would be great if this was a convenient process, but it really isn’t. Lending institutions require a good deal of information before deciding to approve you for financing. In most cases, it’s better to line up your loan in advance. You could be working out the finer points of your car loan in no time.

Auto Finance Rates in Atlanta

A lot of finance companies only show you the most affordable rate they have, only available to consumers with perfect credit. The reality is, your interest rate varies greatly based on your credit, as well as other variables. The rates shown below are only for informational purposes. They are not advertisements, and your actual rate could deviate vastly from what’s seen below.

Credit Rating New Car Used Car
Excellent 3.1% 3.4%
Good 4.4% 4.7%
Average 6.3% 6.7%
Subprime 9.0% 10.5%
Bad 13.8% 15.3%
Very Bad 14.1% 16.4%

Used Car Loans in Atlanta

Some people are put off by pre-owned cars because the loan rates are more expensive. Having said that, new cars depreciate so quickly, used vehicles are typically a better value. Have a look at the chart below, showing the costs associated with auto loans for new versus used cars and trucks.

Age Price Rate Months Payment Interest Total Cost
New $17,250 6.00% 60 $333.49 $2,759 $20,009
1 Year $13,800 7.50% 60 $276.52 $2,791 $16,591
2 Years $11,730 7.50% 60 $235.05 $2,373 $14,103
3 Years $9,971 7.50% 60 $199.79 $2,017 $11,987

For most of us, a used car is the better option. Let’s consider the typical limits on auto loans for used cars:

  • Vehicle not more than 7-10 years old.
  • Mileage no greater than 100,000.
  • Bought through dealer, not private party.

Poor Credit Auto Loans in Atlanta

Ordinarily, promotions such as no money down are out of the question if your credit score has seen better days. The higher your credit score, the greater number of options you’ll have. Before the internet, you pretty much forced to take whatever interest rate and stipulations they gave you. Today, there are better strategies to get financed.

Many consumers wind up going to Atlanta buy here pay here car dealers, most of which don’t even consider a consumer’s credit. The APR rates are very steep, and the cars and trucks tend to be priced higher than they would be at other dealerships.

Whenever feasible, you’ll want to get your finance package through one of the following loan providers:

  • National or regional bank.
  • Credit union for which you’re eligible.
  • Automobile loan company.

A dealer or finance specialist will help you obtain financing from one of these lenders. The rates should be lower, the terms significantly better, and you have the ability to improve your credit in the process.

Best of all, you can submit your application online.

Decreasing Your Interest Rates

There are several ways to reduce your annual percentage rate. Is your credit report marred by any errors? These can harm your credit score quite considerably. You can obtain your credit report completely free here. Correcting any discrepancies–a straight-forward process–could really improve your credit score. Often, including a cosigner with your finance package could also lessen your annual percentage rate.

Can a Car Loan Improve Your Credit?

An auto loan can be a highly effective method of improving your credit score, but you have to ensure that you make your payments on time. Please bear in mind that this is a gradual process. Most lenders offer automatic bill-pay options, which are crucial for making your payments on time every month.

Atlanta Resources

Credit Unions

Credit UnionLocationZip CodeTelephone
1St Choice315 Auburn Ave NE30312(404) 832-5800
1St Choice Credit Union Atm2800 Springdale Rd SW30315(404) 763-0761
Associated Credit Union2250 North Druid Hills Rd NE #14430329(404) 321-4100
Atlanta3075 Sylvan Rd30344(404) 559-8833
Atlanta City Employees CU670 Metropolitan Pkwy SW30310(404) 658-6465
Atlanta Kemba Credit Union2175 Parklake Dr NE #48030345(770) 496-7404
Atlanta Postal3900 Crown Rd SE30354(404) 768-4126
Atlanta Postal501 Pulliam St SW30312(404) 522-4692
Atlanta Postal1800 James Jackson Pkwy NW30318(404) 792-8560
Atlanta Postal Credit Union400 Tradeport Blvd30354(404) 209-7239
Atlanta Postal Credit Union520 Ponce De Leon Ave NE30308(404) 378-3575
Atlanta Teachers261 Joseph E Lowery Blvd NW30314(404) 525-3218
CDC Federal Credit Union2301 Parklake Dr NE30345(404) 325-3270
CDC Federal Credit Union2970 Brandywine Rd30341(770) 458-7584
Charway Federal Credit Union1550 Peachtree St NE30309(404) 872-7152
Circle 10 Federal Credit Union - Lending2845 Clearview Pl30340(770) 451-2794
Cmar Credit Union - Smyrna1314 Church Street Southeast30303(770) 431-7929
Constar Credit Union5111 Phillip Lee Dr SW30336(404) 696-9321
Corporate America Family115 Perimeter Center Pl30346(770) 671-1100
Credit Sovereign8975 Roswell Rd30350(770) 641-1441
Credit Union Autofinders1117 Perimeter Center W30328(678) 441-0013
Credit Union Of AtlantaCredit Union of Atlanta30310(404) 658-6465
Credit Union Of AtlantaPryor St SE30303(404) 671-4020
Delta Community1025 Virginia Ave30344(404) 715-4725
Delta Community1025 Virginia AvenueA Concourse30354(404) 715-4725
Delta Community1050 Delta Blvd30354(404) 715-4725
Delta Community1775 Aviation Blvd30337(404) 715-4725
Delta Community3250 Riverwood Pkwy30339(404) 715-4725
Delta Employees Credit Union1030 Delta Blvd30354(404) 715-4627
East Point City - Credit Union2757 E Point St30344(404) 765-1034
Emory AllianceOrr St NW30314(404) 686-2559
Excel401 West Peachtree St NW30308(770) 441-9235
Excel1718 Peachtree St NE30309(770) 441-9235
Excel61 Forsyth St NW30303(770) 441-9235
Excel Federal Credit Union1718 Peachtree St NW30309(404) 881-6022
Fiserve1475 Peachtree St NE30309(404) 607-8111
Fort Mcpherson1732 Walker Ave SW30310(404) 753-4592
Fulton Teachers Credit Union786 Cleveland Ave SW30315(404) 684-9034
GemcPO Box 45044931145(770) 270-7851
Georgia Dept Of Pub Safety959 E Confederate Ave SE30316(404) 624-7790
Georgia Power5901 Peachtree Dunwoody Rd NE30328(770) 396-9005
Georgia Power5901 Peachtree Dunwoody Rd #27530328(770) 396-9005
Georgia State Banking & Finance Dept2990 Brandywine Rd30341(770) 986-1633
Georgia Telco Credit Union2200 Century Pkwy NE #430345(404) 633-2525
Georgia United4448 Tilly Mill Rd30360(770) 476-6400
Georgia'S OwnP.O. BOX 10520530348(404) 874-0777
Georgia'S Own133 Peachtree St30303(404) 835-8960
Grant Park-Sand Community FCU452 Cherokee Ave SE30312(404) 681-3378
Hapeville Auto Employees FCU3645 Elm St30354(404) 761-2525
Human Services Employees'101 Marietta St NW #14030303(404) 965-2740
Human Services Employees'101 Marietta St30303(404) 965-2740
IBM Employees Federal Credit Union1600 Riveredge Pkwy NW30328(770) 956-3070
Lockheed Georgia Employees' FCU3206 Northlake Pkwy NE30345(770) 496-0767
Maco Educators FCU69 South Ave30315(770) 422-8100
Marta Employees Federal Credit Union2870 E Point St30344(404) 669-0625
Mead Employees'P.O. BOX 9342530377(404) 897-6391
Mead Employees'1105 Herndon St NW30318(404) 897-6391
Mickey Cafe817 West Peachtree St NW30308(404) 815-1617
Mutual SavingsP O Box 456930302(404) 584-5754
Mutual Savings Credit Union10 Peachtree Pl NE30309(404) 584-4754
National Credit Union Association7000 Central Pkwy NE30328(678) 443-3000
Navy Federal Credit Union2470 Briarcliff Rd NE #4330329(888) 842-6328
Northside980 Johnson Ferry Rd NE #19030342(404) 851-6389
Peachtree Federal1375 Peachtree St NE30309(404) 607-9827
Phenix Federal Credit Union1100 Johnson Ferry Rd NE30342(404) 577-7995
Phenix Federal Credit Union2147 Mt Zion Rd SE30354(770) 477-7017
Piedmont Hospital1968 Peachtree Rd NW30309(404) 605-3286
Pinnacle536 North Avenue NE30308(404) 888-1648
Pinnacle4780 Fulton Industrial Blvd SW30336(404) 505-1318
Powerco241 Ralph McGill Blvd NE30308(404) 506-3750
Powerco30 Ivan Allen Jr Blvd30308(404) 223-0733
Powerco1155 Perimeter Center W30328(678) 579-7432
Retail Employee Credit Union3393 Peachtree Rd NE30326(404) 846-2066
Southern Federal Credit Union601 McDonough Blvd SE30315(404) 624-9820
Spc240 Candler Rd SE30317(678) 553-8400
State Employees400 Whitehall St SW30303(404) 656-3748
Tenet Credit Union303 Parkway Dr NE30312(404) 521-6178
The Coca-Cola Company FamilyP. O. Box 173430301(404) 676-2586
The Credit Union Loan Source Llc5028 Clark Howell Hwy30349(404) 669-5380
The Southern466 Towers Cir NE30329(800) 338-5882
The Thrift1230 Peachtree St NE #25030309(404) 733-0640
The Thrift1230 Peachtree St NE30309(404) 733-0640
Thrift Credit Union1430 West Peachtree St NW #10030309(404) 524-0630
U S Federal Credit Union1680 Phoenix Blvd #11030349(770) 991-4121
United Auto Credit Corporation1303 Hightower Trail30350(770) 650-9038
W And A Federal Credit Union1590 Marietta Blvd NW30318(404) 351-2477
Wheat Street Church Federal Credit Union375 Auburn Ave NE30312(404) 522-8201