Looking For A Car Loan In North Dakota During January 2020?
Getting the best deal on an auto loan in North Dakota can save you a significant amount of money over the life of your loan. That’s why you need a partner who knows how to get you approved for the vehicle that you want at the lowest interest rate possible and without hassle.
The AllCreditCarLoans network of lending partners provides quick and easy auto loan decisions for all credit situations. Our lender partners are making more loans, approving buyers with lower credit scores, offering lower monthly payments and making larger loans than ever before. There has never been a better time to get an auto loan than right now.
By working with AllCreditCarLoans, you can get preapproved for an auto loan before going to the dealership, so that you can negotiate as a cash buyer and get the best deal possible.
So, no matter what your credit situation, if you are looking for a quick, no-hassle car loan at the best rate, just click the button below to get the process started. Our one-page application form only takes a few minutes to complete.
We Can Get You Financed Despite Any Special Circumstances
You need a new car and we are here to help you get it!
Your chances of obtaining vehicle financing are very good. Via our network of dealer and lender partners, we have many options available to get you financed. Difficult circumstances are our specialty and we have seen nearly every situation possible.
We have helped…
Car buyers get their first car
Car buyers with a past repossession
Car buyers with a past bankruptcy
Car buyers who are paid in cash
Car buyers who are self-employed
Car buyers who receive social security benefits
Car buyers who are on disability
Car buyers who are retired
Car buyers with no money to put down
Car buyers with a trade-in vehicle
Apply today and let us start helping you get that new car that you need!
Watch Our Video On Getting A Car Loan In North Dakota
AllCreditCarLoans Follows A Simple 1-2-3 Auto Loan Application Process
No need to wait for hours at a dealership or submit reams of paperwork. No need to worry about your gathering together your credit history. With our streamlined application process, everything is as easy as 1-2-3.
- 1 - COMPLETE OUR ONLINE APPLICATION - This process only takes a few minutes. Our simple application is safe and secure, so you don’t have to worry about your information. There is no cost. Applying for your auto loan is totally FREE.
- 2 - RECEIVE YOUR CREDIT APPROVAL - Getting your loan approval is fast and easy. AllCreditCarLoans has an extensive lending network, so the approval process is fast and efficient. You don’t have to wait for days, weeks or months. Many applicants receive loan approval on the same day.
- 3 - CHOOSE YOUR VEHICLE - With our easy as 1-2-3 process, you can buy your vehicle on the same day that your loan is approved. Just visit your nearby auto dealership and negotiate like a cash buyer.
Your Auto Financing Options
Your credit history and where you are buying your car from will determine the kind of auto loan you need.
Whether you are buying a new or used car from a dealer; you need a program designed to help you get a vehicle loan despite credit challenges; or you are looking to refinance your existing loan - we can help.
We provide a variety of car financing options to suit your needs and credit situation:
- North Dakota New Car Loans
- North Dakota Used Car Loans
- North Dakota Auto Refinance Loans
- North Dakota Good and Fair Credit Car Loans
- North Dakota Bad, Poor and Horrible Credit Auto Loans
Our loan programs are tailored to your exact needs and budget and are designed to meet or exceed the features of national auto finance companies like Capital One Auto Finance, Carmax Used Cars, USAA Auto Loans, Chase Auto Loans, Wells Fargo Auto Loans, Bank of America Car Loans, Navy Federal Car Loans, AAA Auto Loans, Key Bank Auto Loans, PNC Car Loans, Bankrate Auto Loans, US Bank Auto Loans, TD Bank Car Loans and State Farm Auto Loans.
We've provided car loans for first-time buyers, car financing for college students and we are proud to have arranged military and veteran auto financing for service members and their spouses. We've even been able to help foreign nationals and others who do not qualify for a social security number to obtain an auto loan with their ITIN number.
We also specialize in sub-prime auto financing including financing a car after bankruptcy and helping borrowers to obtain a car loan after repossession.
If you are looking for a car title loan or the best place to refinance your car, we have programs that can help you as well.
AllCreditCarLoans works with the best buy here pay here car lots near you, bad credit auto dealers, second chance auto dealers and other car loan lenders to provide the best auto rates.
You are never alone in this process. Our reliable lender partners will guide you every step of the way -- from the time you begin processing your application, all the way to the day when you drive home your new car. Click the button below to let us get started helping you today!
Auto Loan Calculator For North Dakota
Use our car payment calculator to determine how much you can spend when refinancing or financing your next car. You can run different scenarios by varying the "down payment" and "number of months" fields in order to arrive at your desired payment.
Your total car expenses should be no more than 20% of your take-home pay.
What To Know Before You Apply For An Auto Loan
Car Loan Credit Score
Credit scores give lenders an idea of how you manage your finances. These scores are essential in helping you plan your finances well. Likewise, credit scores can be testaments of how well you make decisions, as well as how healthy your spending habits are. Credit scores can help determine whether you pay your bills on-time, if you use your credit cards wisely, and how well you manage your loans.
The higher your credit score, the lower the interest rate you will likely be asked to pay.
Therefore, if you have multiple loans that are unpaid; if your credit cards have been maxed out and several of your bills remain unpaid, you earn a low credit score. While it does not define the kind of person that you are, your score can indicate an unhealthy financial habit, which can make you appear "too risky" and turn away lenders.
A lot of lenders do not offer auto finance loans to applicants who have a low credit score because they do not want to encounter problems when collecting payments. Some lenders accept borrowers with low scores, but they often charge higher interest rates for the loans they make. This is because they want to lessen the risks that your low credit score represents.
But AllCreditCarLoans is different. We work with leading car finance lenders and auto dealers to help you find the best auto loan terms for your credit situation. Fill out our quick and easy one-page application to let us get you financed today.
Car Loan Interest Rates
The interest rate you’ll receive depends upon your credit history, your income, the length of the loan and the vehicle you choose.
Soft vs. Hard Credit Pull
Your auto lender may do a "soft" credit pull in order to pre-qualify you for a car loan. A "soft" credit pull doesn’t subtract from your credit score the same way a "hard" pull does, but it also doesn’t guarantee you’ll be approved for a loan or that you'll get the exact rate you’ve been quoted. A "hard" credit pull will be required before the loan terms are finalized.
If you are applying with multiple lenders in order to shop the best interest rates, it makes sense to complete all your loan applications within a short time-frame. The credit reporting agencies tend to count multiple hard inquiries made within a short period as only one inquiry.
It's a good idea to know your credit score before you apply for your loan. If you are unsure what your credit score is, you can always use this service to find your credit score.
If your credit score could use improvement, you can work with a credit repair vendor to improve your credit score.
Car Loan Terms
While it is possible to find a lender who will finance a vehicle for up to 84 months, we don't recommend stretching out payments any longer than you need. It’s best to pay off a car loan as quickly as you can since cars depreciate rapidly. The longer the loan term, the more probable that at some point you will end up owing more on the loan than the car is worth. Being underwater or upside-down on a loan is a risky financial situation. The best interest rates are available for shorter loan terms. We recommend keeping your loan term to 3 years for used cars and up to 5 years for new cars.
Auto Loan Restrictions
Some lenders only work within a specific network of auto dealerships. This could limit your choice of vehicles to a handful of auto makes, models and vehicle types.
Some lenders will only work with car dealers so you won't be able to use them to buy a car from a private seller.
Steps To Get A Car Loan
Shopping for a vehicle has never been easier. Our vast network of lending partners and streamlined process makes getting a loan quick and easy.
1 - Budget For Your Car Purchase
The first step in obtaining financing is to figure out how much you can afford to spend.
If you have a vehicle to trade-in, you should determine its value so that you can factor that into your budget. A good resource for determining your autos market value is Kelley Blue Book.
Next, you'll want to consider how much money you have to use for a down-payment. The more money you put down, the lower your monthly payment will be. If you need an auto loan with no down payment, don't worry. We can still help you.
Finally, use our car loan calculator to estimate your monthly payment. You can vary the interest rate and loan term to see how that affects the potential monthly payment.
2 - Choose Whether You Want A New Or Used Auto
If you've chosen to buy a new car, you will most likely be purchasing the vehicle from a car dealership. In order to get the best deal on new car financing, follow our new car recommendations.
If you are looking to get the most value for your dollar, you will likely be better off financing a used car. For the best results, follow our used car recommendations.
3 - Apply For Your Car Loan
Click the button below and fill out our quick and easy application form to get started right away!
New Bad Credit Auto Loans
Auto loans for new car buyers with bad credit are not a very common type of vehicle financing. Beyond the traditional option of getting approved through a dealership that works with bad credit buyers, many consumers have found that they can save money and gain negotiating leverage by arranging their car financing in advance.
Most new vehicle dealerships are able to apply rebates and incentives to reduce the need for money down. If you have negative equity in a vehicle that you're trading in, you may have to provide money down to cover the negative equity so that it's not carried over into your new loan. While buying a new car with bad credit isn't so common, there are many manufacturers that offer lower-priced new autos with attractive financing incentives to make buying easier for people with lower credit scores.
Let us help you get preapproved for that new bad credit car loan and you will become a cash buyer. This saves you time at the dealership and gives you the power to negotiate your best deal on any vehicle you choose. Apply for a new auto loan in North Dakota and see how much we can save you.
Used Car Loans
A used auto loan is our most commonly requested loan. By letting us help pre-arrange your funding source, you know that you'll have the power to negotiate the best deal. Apply for a used car loan and see what type of rate & term you can get from our participating lenders.
Buying a used car will typically provide the best value. That's because the prior owners have already absorbed the biggest portion of the vehicle's depreciation and you may have the option to buy directly from a private seller, thus saving dealer fees. We can help you with an auto loan to buy from a private seller.
If you choose to purchase a used vehicle, you can click here to view the inventory of used car dealerships near you in North Dakota.
Shopping For The Best Auto Loan Rates In North Dakota?
Whether you are looking for the best car loan interest rate for a new or used vehicle, or you want to refinance an auto loan, we can help.
With a lower interest rate, you'll save money and pay off your car loan faster. The single most important thing you can do to save money on an auto loan is to shop for the best auto loan rate before you set foot in a dealership. By knowing what kind of rate you qualify for before you try to buy a vehicle, you accomplish three things:
- You'll know what range of car payments you can qualify for
- You can focus your negotiations with the dealer on the vehicle price rather than on financing terms
- You won't end up getting a higher cost loan than you want
Use our car loan calculator to determine what range of payments you can expect. You can enter your balance, term, and interest rate to calculate what the payment will be. You can compare different scenarios to see how much more you can save by increasing your down payment.
Average Car Payment Interest Rates You Can Expect
|Credit Score Range||Average APR for a New Car||Average APR for a Used Car|
|781 - 850||3.68%||4.34%|
|661 - 780||4.56%||5.97%|
|601 - 660||7.52%||10.34%|
|501 - 600||11.89%||16.14%|
|300 - 500||14.41%||19.98%|
Why Getting Preapproved For A Car Loan Is Important
Having a preapproved auto loan streamlines the buying process because you become a cash buyer and you can bypass the usual salesman's tactic of negotiating based on monthly payment. The problem with negotiating based on the monthly payment amount is that you can easily lose sight of the total cost and end up paying more in the long run.
While you are at one of your local dealerships, the finance manager may try to beat the interest rate of your preapproved loan. Before accepting the dealer's replacement loan, make sure that the interest rate is lower, all of the other terms are comparable, and the final total price is less. It's good to be cautious because there is always a risk that the finance manager could juggle the numbers in the dealership's favor and you could end up spending more money than you would with your preapproved car loan.
As you negotiate your best deal, be sure to leave enough money to cover the sales tax and any additional fees. This way your total "out the door" cost does not exceed the maximum amount of your preapproved auto loan.
How Does Getting Preapproved For An Auto Loan Work?
Auto dealers usually offer car financing through their preferred lenders, typically at a higher interest rate than available elsewhere. Getting preapproved directly with one of our lending partners helps you to negotiate the best car loan rate before you even get to the dealership so that you can save money in the long run.
When you start your car buying process at a dealership, the salesmen will focus on the monthly payment, which makes it easier to forget about the actual price of the car. But when you show up with a preapproved auto loan, negotiations can be based on the price of the car instead.
How To Get Pre-Qualified For A Car Loan
When you’re applying with us, the application process is simple and quick. You should have the following information on-hand:
- Driver’s license and Social Security number
- Proof of income
- Employment verification
This information helps our lending partners to get a clear picture of your financial status, making it easier to secure the best auto loan rates for your credit situation.
North Dakota ( /- dəˈkoʊtə/ (listen)) is a U.S. state in the midwestern and northern regions of the United States. It is the nineteenth largest in area, the fourth smallest by population, and the fourth most sparsely populated of the 50 states. North Dakota was admitted to the Union on November 2, 1889, along with its neighboring state, South Dakota. Its capital is Bismarck, and its largest city is Fargo.
North Dakota is a Midwestern state of the United States. It borders Canada and lies at the center of the North American continent. The geographic center of North America is near the town of Rugby. Bismarck is the capital of North Dakota, and Fargo is the largest city.
Soil is North Dakota’s most precious resource. It is the base of the state’s great agricultural wealth. North Dakota also has enormous mineral resources. These mineral resources include billions of tons of lignite coal. In addition, North Dakota has large oil reserves. Petroleum was discovered in the state in 1951 and quickly became one of North Dakota’s most valuable mineral resources. In the early 2000’s, the emergence of hydraulic fracturing technologies enabled mining companies to extract huge amounts of oil from the Bakken shale rock formation in the western part of the state.
North Dakota’s economy is based more heavily on farming than the economies of most other states. Many North Dakota factories process farm products or manufacture farm equipment. Many of the state’s merchants also rely on agriculture.
Farms and ranches cover nearly all of North Dakota. They stretch from the flat Red River Valley in the east, across rolling plains, to the rugged Badlands in the west. The chief crop, wheat, is grown in nearly every county. North Dakota harvests more than 90 percent of the nation’s canola and flaxseed. It is also the country’s top producer of barley and sunflower seeds and a leader in the production of beans, honey, lentils, oats, peas, and sugar beets.
Few white settlers came to the North Dakota region before the 1870’s because railroads had not yet entered the area. During the early 1870’s, the Northern Pacific Railroad began to push across the Dakota Territory. Large-scale farming also began during the 1870’s. Eastern corporations and some families established huge wheat farms covering large areas of land in the Red River Valley. The farms made such enormous profits they were called bonanza farms. White settlers, attracted by the success of the bonanza farms, flocked to North Dakota, rapidly increasing the territory’s population. In 1870, North Dakota had 2,405 people. By 1890, the population had grown to 190,983.
North Dakota was named for the Sioux people who once lived in the territory. The Sioux called themselves Dakota or Lakota, meaning allies or friends. One of North Dakota’s nicknames is the Peace Garden State. This nickname honors the International Peace Garden, which lies on the state’s border with Manitoba, Canada. North Dakota is also called the Flickertail State because of the many flickertail ground squirrels that live in the central part of the state.
North Dakota is in the U.S. region known as the Great Plains. The state shares the Red River of the North with Minnesota to the east. South Dakota is to the south, Montana is to the west, and the Canadian provinces of Saskatchewan and Manitoba are to the north. North Dakota is near the middle of North America with a stone marker in Rugby, North Dakota marking the “Geographic Center of the North American Continent”. With an area of 70,762 square miles (183,273 km), North Dakota is the 19th largest state.
The western half of the state consists of the hilly Great Plains as well as the northern part of the Badlands, which are to the west of the Missouri River. The state’s high point, White Butte at 3,506 feet (1,069 m), and Theodore Roosevelt National Park are in the Badlands. The region is abundant in fossil fuels including natural gas, crude oil and lignite coal. The Missouri River forms Lake Sakakawea, the third largest artificial lake in the United States, behind the Garrison Dam.
The central region of the state is divided into the Drift Prairie and the Missouri Plateau. The eastern part of the state consists of the flat Red River Valley, the bottom of glacial Lake Agassiz. Its fertile soil, drained by the meandering Red River flowing northward into Lake Winnipeg, supports a large agriculture industry. Devils Lake, the largest natural lake in the state, is also found in the east.
Eastern North Dakota is overall flat; however, there are significant hills and buttes in western North Dakota. Most of the state is covered in grassland; crops cover most of eastern North Dakota but become increasingly sparse in the center and farther west. Natural trees in North Dakota are found usually where there is good drainage, such as the ravines and valley near the Pembina Gorge and Killdeer Mountains, the Turtle Mountains, the hills around Devil’s Lake, in the dunes area of McHenry County in central North Dakota, and along the Sheyenne Valley slopes and the Sheyenne delta. This diverse terrain supports nearly 2,000 species of plants.
The United States Census Bureau estimates North Dakota’s population was 760,077 on July 1, 2018, a 13.01% increase since the 2010 United States Census. This makes North Dakota the U.S. state with the largest percentage in population growth since 2011. The fourth least-populous state in the country, only Alaska, Vermont, and Wyoming have fewer residents.
From fewer than 2,000 people in 1870, North Dakota’s population grew to near 680,000 by 1930. Growth then slowed, and the population has fluctuated slightly over the past seven decades, hitting a low of 617,761 in the 1970 census, with 642,200 in the 2000 census. Except for Native Americans, the North Dakota population has a lesser percentage of minorities than in the nation as a whole. As of 2011, 20.7% of North Dakota’s population younger than age 1 were minorities. The center of population of North Dakota is in Wells County, near Sykeston.
Note: Births in table don’t add up, because Hispanics are counted both by their ethnicity and by their race, giving a higher overall number.
Throughout the latter half of the nineteenth century and into the early twentieth century, North Dakota, along with most of the midwest, experienced a mass influx of newcomers from both the eastern United States and immigrants from Europe. North Dakota was a known popular destination for immigrant farmers and general laborers and their families, mostly from Norway, Sweden, Germany and the United Kingdom. Much of this settlement gravitated throughout the western side of the Red River Valley, as was similarly seen in South Dakota and in a parallel manner in Minnesota. This area is well known for its fertile lands. By the outbreak of the First World War, this was among North America’s richest farming regions. But a period of higher rainfall ended, and many migrants weren’t successful in the arid conditions. Many family plots were too small to farm successfully.
From the 1930s until the end of the 20th century, North Dakota’s population gradually declined, interrupted by a couple of brief increases. Young adults with university degrees were particularly likely to leave the state. With the advancing process of mechanization of agricultural practices, and environmental conditions requiring larger landholdings for successful agriculture, subsistence farming proved to be too risky for families. Many people moved to urban areas for jobs.
Since the late 20th century, one of the major causes of migration from North Dakota is the lack of skilled jobs for college graduates. Expansion of economic development programs has been urged to create skilled and high-tech jobs, but the effectiveness of such programs has been open to debate. During the first decade of the 21st century, the population increased in large part because of jobs in the oil industry related to development of tight oil (shale oil) fields.
Elsewhere, the Native American population has increased as some reservations have attracted people back from urban areas.
North Dakota is one of the top resettlement locations for refugees proportionally. According to the U.S. Office of Refugee Resettlement, in 2013–2014 “more than 68 refugees” per 100,000 North Dakotans were settled in the state. In fiscal year 2014, 582 refugees settled in the state. Fargo Mayor Mahoney said North Dakota accepting the most refugees per capita should be celebrated given the benefits they bring to the state. In 2015, Lutheran Social Services of North Dakota, the state’s only resettlement agency, was “awarded $458,090 in federal funding to improve refugee services.”
Immigration from outside the United States resulted in a net increase of 3,323 people, and migration within the country produced a net loss of 21,110 people. Of the residents of North Dakota, 69.8% were born in North Dakota, 27.2% were born in a different state, 0.6% were born in Puerto Rico, U.S. Island areas, or born abroad to American parent(s), and 2.4% were born in another country. The age and gender distributions approximate the national average.
According to the 2010 Census, the racial and ethnic composition of North Dakota was as follows:
Throughout the mid-19th century, Dakota Territory was still dominated by Native Americans. Warfare and disease reduced their population at the same time Europeans and Americans were settling in the state.
In the 21st century, most North Dakotans are of Northern European descent. As of 2009, the seven largest European ancestry groups in North Dakota are:
North Dakota has the most churches per capita of any state. Additionally, North Dakota has the highest percentage of church-going population of any state.
A 2001 survey indicated 35% of North Dakota’s population was Lutheran, and 30% was Catholic. Other religious groups represented were Methodists (7%), Baptists (6%), the Assemblies of God (3%), Presbyterians (1.27%), and Jehovah’s Witnesses (1%). Christians with unstated or other denominational affiliations, including other Protestants and The Church of Jesus Christ of Latter-day Saints (LDS Church), totaled 3%, bringing the total Christian population to 86%. There were an estimated 920 Muslims and 730 Jews in the state in 2000. Three percent of respondents answered “no religion” on the survey, and 6% declined to answer.
The largest church bodies by number of adherents in 2010 were the Roman Catholic Church with 167,349; the Evangelical Lutheran Church in America with 163,209; and the Lutheran Church–Missouri Synod with 22,003.
In 2010, 94.86% (584,496) of North Dakotans over 5 years old spoke English as their primary language. 5.14% (31,684) of North Dakotans spoke a language other than English. 1.39% (8,593) spoke German, 1.37% (8,432) spoke Spanish, and 0.30% (1,847) spoke Norwegian. Other languages spoken included Serbo-Croatian (0.19%), Chinese and Japanese (both 0.15%), and Native American languages and French (both 0.13%).
In 2000, 2.5% of the population spoke German in addition to English, reflecting early 20th century immigration.
Zip Code Map
North Dakota neighborhoods include: Absaraka, Alamo, Alexander, Alice, Amenia, Amidon, Ardoch, Arena, Argusville, Arnegard, Arthur, Arvilla, Ayr, Baldwin, Bathgate, Bismarck, Bowman, Braddock, Buffalo, Buffalo Springs, Cartwright, Casselton, Cavalier, Corinth, Crystal, Davenport, Drayton, Driscoll, Durbin, Edinburg, Embden, Emerado, Enderlin, Epping, Erie, Fargo, Fingal, Fordville, Forest River, Galesburg, Gardner, Gilby, Grand Forks, Grandin, Grassy Butte, Grenora, Hamilton, Harwood, Hatton, Hensel, Hickson, Hillsboro, Honeyford, Hoople, Horace, Hunter, Inkster, Johnstown, Keene, Kindred, Larimore, Leonard, Lincoln, Mandaree, Manvel, Mapleton, Marmarth, McCanna, McGregor, McKenzie, Mekinock, Menoken, Moffit, Mountain, Neche, New England, Niagara, Northwood, Orr, Oxbow, Page, Pembina, Prairie Rose, Prosper, Ray, Regan, Reiles Acres, Reynolds, Rhame, Saint Thomas, Scranton, Sterling, Thompson, Tioga, Tower City, Trenton, Wahpeton, Walhalla, Watford City, West Fargo, Wheatland, White Earth, Wildrose, Williston, Wilton, Wing, Zahl
For more information, see North Dakota wiki