Q: What are your interest rates?

A: Fourth Fleet Financial works with multiple lenders so that we can provide the best loans with the best rates for as many credit types as possible – ranging from prime-based to non-prime based lenders. Your specific interest rate will depend on your credit profile. Our job is to work with you to understand your credit profile and match you with the lender who can provide the best loan for your unique situation.

Q: What lenders does Fourth Fleet work with?

A: Fourth Fleet only partners with national lenders who specialize in auto finance and provide both great rates and quality customer service. We are a meaningful source of quality customers for lenders with whom we have corporate partnerships, therefore you benefit from our long-term relationships. It is our practice to constantly evaluate additional lenders with leading rates and the best programs to add to our platform when identified.

Q: How does the Fourth Fleet process work?

A: Obtaining a loan can be confusing and maybe even uncomfortable for some people. At Fourth Fleet, we consider it our job to make the experience as convenient and friendly as possible.

To do so, Fourth Fleet reviews your credit profile to match you with the lender who can provide the best loan for your unique situation. With ongoing personal communication, we inform you when the loan is approved, assist you with required paperwork, act as your advocate and manage the lender through the funding process and ensure a timely, accurate and easy loan funding for you.

Q: When will I know if I'm approved?

A: Over 80% of our loan decisions occur in one business day. Some, with more complex or challenging situations may require extra time. Customer advocacy is hard work and can mean many layers of discussion and approval with our lenders. Our commitment is to work with you until you have your loan, or all efforts have been exhausted.

Q: What if my credit is bad? Is it possible for me to get financing?

A: Job #1 for Fourth Fleet is to approve everyone that can possibly be financed. We will spend as much time as it takes to understand your credit profile and match you with a lender who will provide you with the best loan for your unique situation. If we are unable to help, we'll tell you why in plain English and with compassion.

Q: Can I apply with a co-applicant?

A: Yes. A co-applicant can increase the chances of getting your loan approved, assuming the co-applicant has acceptable credit. In cases where your credit is not perfect or your income is not over $2,000 per month, we suggest using a co-applicant.

Q: If I'm not approved, can I use a co-signer?

A: Yes. A co-applicant, or co-signer (they both mean the same thing) can increase the chances of getting your loan if you're application is declined.

Q: Can I apply online?

A: Fourth Fleet has a secure, online application for your convenience. Once you have submitted the application online, we will call you with questions and let you know what the next steps will be.

Q: How long does it take to apply?

A: Applications can be completed online, or with one of our loan consultants by phone at 1-800-259-7472. Either method takes from 5-15 minutes depending on your unique situation.

Q: What about DMV or Transportation Department paperwork, sales taxes and title fees?

A: The process can vary and depends on the loan product, but in all cases, DMV or Transportation Department paperwork is handled as part of the loan process. We share DMV or Transportation Department processing duties with our lending partners in an effort to provide the most expedient service possible. Applicable sales taxes and title fees are typically included in the loan as well. When you receive your loan documents, these items and the process will be explained to you. Of course, you can call your Fourth Fleet loan consultant if you have any questions along the way.

Q: Can I apply if I have a bankruptcy in my past?

A: Yes, if the bankruptcy has been fully discharged and you have shown your ability over the last 12 months to develop new credit.

Q: How long will it take to payoff my old lease account?

A: We can pay off your lease as quickly as in 3-4 days, however, most of our customers prefer to take a few days to review the loan documents, resulting in 7-14 day payoff turnaround times.

Q: Does applying affect my credit?

A: The process of applying for an automobile loan will result in your credit being accessed by us and one or more of our lending partners. Credit reporting agencies now count multiple credit inquiries from the same type of business (automobile or home loan lenders, for example) accessed over a 30 day period as a single (one) inquiry. Fourth Fleet and all our lending partners use the same business or industry code, so even multiple credit inquiries will count as a single instance.

Q: Does Fourth Fleet offer extended service protection or GAP insurance?

A: Yes. We pride ourselves on offering only the best products backed by reputable, U.S.-based, top rated insurance companies with high customer satisfaction ratings for service contracts and GAP insurance. Extended Service Protection protects your car after the manufacturer's warranty expires. GAP insurance covers the "gap" between the actual value of your car at the time of an accident or if it is stolen and the amount you still owe on its lease or loan. You may purchase either of these from Fourth Fleet as a stand-alone product or as part of your loan.

Q: What's the status of my loan?

A: You may call us at 1-800-259-7472 from 7:00 a.m. to 5:00 p.m. Pacific (10:00 a.m. to 9:00 p.m. Eastern) Monday through Friday and ask your loan consultant for the status of your loan.