Loan Process
Our goal is to ensure consumers get the best financing options available, in a convenient and simple process.
You'll need about 15-20 minutes to complete the secure, online loan-request form. Complete the credit application and send it to ETAC (either online, or print and fax in) Some information we may need includes: A recent pay stub and/or last year's tax return current and previous mailing address if you have lived at your current address for less than two years. If your application includes a co-borrower, their income, social security number, and employment information is also needed.
After the application is received, our experienced staff will work with the applicant and bank to ensure the best rate and terms are secured. Based on the applicant's credit score, unit being purchased, and several other factors, ETAC decides which bank offers the best loan for you.
We find the right lender for you!
We compare lenders programs before sending in your application. Some credit applications require additional information and further negotiations to achieve the best financing options available, when this occurs, periodic updates will be provided.
Applicant and Dealer (if Dealer sent in application) are contacted with results, and vehicle purchase details are confirmed (and Dealer provides bill of sale).
ETAC contacts applicant to discuss financing options, the rates and terms are discussed as well as payment due dates, and payment options.
Once all parties approve the deal, ETAC overnights all required documents to the dealer, for customer’s signature. ETAC will arrange all loan documentation to ensure the remaining steps can be completed quickly, correctly, and easily, while Dealer maintains control of the entire transaction. Dealer then returns loan documents to ETAC with proof that lien has been placed on title. Once the deal is complete and lien is placed, payment will be sent to the dealer.
You are not obligated at any time to use ETAC, but we are here to help! Whether you have questions or want to share feedback at any point, we encourage you to contact us at 800-615-1645 or via e-mail.
Feel free to call an ETAC Loan originator if you have any questions. Click here to contact ETAC or call toll free at 1 877 ASK ETAC. If you need to change your personal information or the vehicle you are buying after you receive a credit decision, contact ETAC directly.