FREQUENTLY ASKED QUESTIONS
FREQUENTLY ASKED QUESTIONS
Our financing service is applicable to all titled automobiles* and non-commercial trucks. Motorcycles are also permitted depending on your lender.
*NO RVs, TRAILERS, TRACTORS, BUSSES, ATVs, ROAD ART, MARINE or NOVELTY VEHICLES etc.
If you are not sure if the car you are looking to purchase or bid on qualifies, call us at (844) 446-3286.
We offer an excellent finance plan that does not require borrowers to have perfect credit. We will consider individuals with all types of credit. We always do our best to secure financing for that special vehicle you want to purchase.
Yes. You will be required to insure the car for its full replacement value and are required to have full coverage insurance in place until your loan is paid off, deductibles vary depending on Lender. You will need to provide an insurance binder with the Lender as loss payee prior to funding the loan.
Yes. You will be required to register and title the car once you purchase it. We will help you through this process.
No. You can buy your car from an MFS-approved dealer or ask us about pre-approvals for auction purchases.
The interest rate and term will depend on the amount financed and the applicant’s credit.
The debt-to-income ratio is based on the total monthly loan payments of your gross monthly income and is expressed as a percentage of your total gross monthly income.
Need help? Call us today at (844) 446-3286