Go Back To Search Results Question What is the procedure to pay online car loans? I am just planning to get some loans from online providers, Do I have to pay every month like, or they will get it from my CC? I would like to confirm with you people before I proceeding. Regards By Posted on 07/24/09 Total Answers 1 Answers- The process of car loan application is very simple. Just open the site of the company or agency from where you are taking the car loan. Go to the area which has the form for the online car loan application. Download the form and fill the requisite fields like the name and address of the loan seeker. The amount of loan that you want and the amount of deductible you are willing to pay. You also have to give the term of the loan for which you want the loan. It is advisable to do some calculation of your own on this subject by the online loan rate calculator provided by each company and find out the tenure and loan installment most appropriate for you.You also have to give the details of your previous address if you have changed residence in the past two years. Similarly, you have to give details of your previous employment if you have changed employment recently. Besides, you have to give information of your current employment like the latest paycheck, your employer's address, phone number or identification number. If you have taken the guarantee of a co-signer then you need to give all information of the co-signer as well. Once these details are sent, the company or agency will give you a pre-approval before your loan is sanctioned. Answer by : Sherawat On Date 2009-07-25 00:01:40   Go Back To Search Results