What are the interest rates and other terms of the loan program?
The actual interest rate (Annual Percentage Rate) you will be charged and your credit limit is dependent on your FICO score and other underwriting criteria. Rates will range from 17.99% to 21.99% APR and your rate will be fixed for the term of your loan. The loan terms range from 12 to 36 months depending on your credit score and loan amount. The minimum loan amount is $750.
Is there a down payment required and are there any prepayment penalties for paying off a loan early?
Depending on your FICO score you may be required to make a down payment on your purchase. You may pay off the loan in full at any time without penalty.
How are the loan payments processed?
There are two options for payments: ACH (Automated Clearing House) as an automatic monthly debit from your bank account or by making you monthly payments by personal check.
How long do I have to spend my full approved loan amount?
The loan that you were approved for is good for 90 days from the date you receive your pre-approval. Minimum financed amount must be at least $750. Be sure to read ALL of the loan disclosure information and feel free to contact us should you have any questions.
Are there additional shipping costs, fees or taxes?
Any shipping and handling costs charged by the dealer may be added to your final invoice. These fees will be included in the loan amount. Taxes will vary from state to state and there may be additional state or federal fees for items such as a short barrel rifle. Sandbar Acquisition Company does not charge fees of any kind.
How can I check the status of my loan?
Throughout the order process you will receive a series of emails informing you of your order status. You may also contact us Toll Free at (844) 223-2632 or firstname.lastname@example.org.