Roadloans Complaints and Reviews

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Roadloans
Main address: P.O. Box 562088, Suite 900 North 75247 Dallas TX
1-888-276-7202, 1-888-222-4227, , https://www.roadloans.com/ContactUs.aspx
  • 49+1 mobile complaints
  • $87.5K claimed losses
  • $1.8K average
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  • Nov 05
  • Auto Financing
  • Columbus, Ohio
  • Positive Experience
  • 332

I got approved for Roadloans for the second time. The first time I could not find any dealerships that would accept the approval. I went to 3-4 dealerships listed as a partner dealers. I finally gave up. A year later I tried again with an online approval site that turned up Roadloans. So I was not very hopeful. After some online research, the second time I followed the advice from some reviewers... Read more

Was this review helpful? 0 0

I got approved for a 19870 loan with 450 down it took a while but i bought a brand new car from car max no issues at all most dealers dont tale them due to high bank fees but all car max dealers take them as long as you provide all the proper paper work with your road loan approval im happy high intrest but not too bad for my credit Add comment

     

  • Nov 02
  • Auto Financing
  • Car Loan
  • 1
  • 1
  • 124

I got approved..I found that their sight was hard to navigate..I had a $12500 down payment and was approves for just under $10000 which was perfect except I couldn't choose my own dealer..I laughed bit off big time and decided I would go to my original dealer and let him to the finance work..got a better deal..more money..less interest rate..less payment..bran new car..freaking NEW CAR..thanks... Read more

Was this review helpful? 1 0

     

  • Sep 12
  • Auto Financing
  • San Francisco, California
  • Auto Payment
  • 859

So these clowns send you an approval email, get you all excited about a lower payment and no payment next month....actually had my hopes up...then they call me 30min later to tell me my car is worth jack shi%! Here's a thought....look at KBB BEFORE you send approvals out and get people excited...thanks for the bad news AND the inquiry on my credit report.....I have *** that are more productive... Read more

Was this review helpful? 6 1

     

  • Jul 24
  • Auto Financing
  • Incompetent Company
  • 854

Come on eBay, I know you can do better than this! Approved three different times. Told I could use the approval and shop as a cash buyer. Total bs, works until the seller figures out the details and sees how much they are getting charged to use road loans. Road loans rapes the seller and the buyer both. I couldn't find one dealer out of six tries to work with these liars. Don't east your time.... Read more

Was this review helpful? 4 4

     

  • May 15
  • Auto Financing
  • Phoenix, Arizona
  • Gmc Terrain
  • 687

We told Road Loans that we wanted to purchase a vehicle that we were leasing and they said they could. They approved us so we ran around getting all the income verification for them and, again, they said we were approved. After all of that they called us and told us that when they tried to get the pay-off from GM Financial, they found out they could not buy finance a leased vehicle. I think... Read more

Was this review helpful? 0 0

     

  • Apr 27
  • Auto Financing
  • Fort Worth, Texas
  • Car Loan
  • 1524

I had my problems with Roadloans got approved for vehicle, picked up vehicle from dealership. Dealership couldn't get me financed through another finance company. Dealership did not want to pay road loans fee, so had to return vehicle. If you must use road loans, and you don't want any issues. Go to carmax, they will honor the pre approval, cars are more expensive but they will take it. I'm... Read more

Was this review helpful? 11 1

     

  • Dec 17, 2013
  • Auto Financing
  • Referral Service
  • 1
  • 1
  • 783

Essentially they are not giving any loans they are a referral service. The roadlons guy on the phone told me about the entire scam. Santander may have the money to loan but they are just getting paid 115-120% the cost of the vehicle to put together the hard money folks with the buyer and the dealer (they keep the 15-20% profit) and don't care if you get a loan or not....total rip of can't believe... Read more

Was this review helpful? 0 0

     

  • Sep 12, 2013
  • Auto Financing
  • Other Location, New York
  • Used Car Purchase
  • 1
  • 1
  • 1765

Applied, credit score over 830. Pre-approved for a minimum loan of $6,500.00 maximum $54,000.00 for 72 months at 2.24% - I thought great deal. When I picked the car and the dealer reached out to them, they told the dealer I only qualified for 60 months at 3.08%. I contact them and they tell me the dealer is not being truthful with me. I did a conference call with dealer and roadloans. Now... Read more

Was this review helpful? 9 27

     

  • Sep 06, 2013
  • Auto Financing
  • Car Loan
  • 1628

Qualified for loan 20% interest $0 down. ok credit not perfect. I was referred to a dealer for the car I wanted. Orange Coast Chrysler, jeep in Costa Mesa Ca. When I got there and showed the approval docs, at first they seemed confused. Then they explained that roadloans is not a finance company but a referral company. The dealer then proceeded to apply for financing through their provider... Read more

Was this review helpful? 1 0

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