It’s always best to look for established lenders when it comes to applying for Car Loans. This means the company should have been around for at least 5 or more years and has shown a good track record with their finances. If you can’t qualify for a loan with these places, you can always put your faith in a new lender. A word of caution – if you know that the lender is relatively new to the business, do your research. If the company goes into bankruptcy, what will happen to your loan? Knowing where the policy will end up is crucial so that you don’t accidentally go into default.