Car loan: finance your new car
With our MsCredit Personal Auto Loan, change your vehicle easily according to your needs.
Our personal loan offer
For a personal loan of €14,000, with a term of 48 months and the first payment due in one month, at a fixed Annual Percentage Rate (APR) of 2.50%, you will repay 48 monthly installments of €303.73, for a total amount due of €14,579.12.
The cost of optional insurance, calculated based on coverage for Death, Total and Irreversible Loss of Autonomy, and Disability for a single borrower, is €2.07 per month and is added to the loan repayment installment (if you have opted for it).
The total amount due by the borrower for insurance over the entire loan term will be €24.84, for an Annual Percentage Rate of Charge (APRC) of 1.57%.
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Get a personal loan online
To simplify things for you, MsCredit has created the Auto Loan + Comprehensive Insurance Package.
By subscribing to both products simultaneously, you benefit from:
- a preferential rate on your auto loan,
- enhanced coverage on your insurance policy.
For example, if you choose the Enhanced Compensation option for our Comprehensive Auto Insurance, you will receive reimbursement at the purchase price of your car for 4 years in the event of theft or total loss.
Finance your project at your own pace
Discover our installment payment options, credit options, mini-loans and bank cards
Simplicity above all
- 100% online
- Repayment speed according to your preferences.
No need to open an account to get a bank card!
Our priority? Speed
- Fast transfers
- immediate response in principle
- Your mini loan in 24 hours
When you need money, you need it right away!
Being smart pays off!
- Cashback on your everyday purchases
- Attractive rates on all our offers.
Doing your shopping and filling your piggy bank at the same time, how nice!
Get your online loan in just 3 simple steps!
Our mission is to simplify your online loan application. As an expert consumer credit broker, fully digital and 100% secure, Mscredit makes the process easy.
Submit your request
Fill out the form in less than 8 minutes, either on our website or in store.
Final answer
You will receive a final answer from us within 48 hours.
Get your loan
You will receive the funds within 8 to 14 days, depending on your choice.
At Dineo, we've already helped over 1,200,000 customers.
Want to get your first loan now?
Borrow up to €3 000 and repay it in 30 days.
Finance your car up to 100%
No down payment required. You can finance the full purchase price of your new or used vehicle. Yes, you read that right. You don’t need to pay any money upfront to apply for a personal car loan.
Personal Car Loans are available for amounts ranging from €6,001 to €75,000 over a term of 6 to 84 months. Feel free to run a simulation.
Advantages of quick loans
Receive up to €1,500 in your account in less than 24 hours.
Your first loan of €250 to €300 is free and at 0% APR.
Security
We use the most advanced data encryption tools to guarantee your privacy.
Transparency
Know from the start the exact amount you will have to pay.
Flexibility
Delay repayment of your quick loan, increase the amount requested.
Trust
the confidence of belonging to the leading financial group
What our customers say about us
Your story is our reason for being. Genuine testimonials of success and progress from our clients
Rebecca Pepi
Thanks to MsCredit, we were able to resolve our financial problem quickly and easily. Their friendly and professional service fully satisfied us.
Maria Willmer
I have nothing to reproach them for... on numerous occasions, they have helped me overcome many problems...
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Personal Loan Insurance Protects You
Unexpected events can happen to anyone. So consider insuring your personal loan.
By insuring your personal loan, you protect yourself in case of unforeseen events (job loss, death, total or irreversible loss of autonomy).
Have a Project in Mind?
Access the best offers tailored to your situation via our loan simulator.
What is a car loan?
A car loan (or auto loan) is a loan to finance a car, whether new or used. It can be a consumer loan (or personal loan) or a secured loan (linked to the specific vehicle).
A car loan allows you to borrow the amount you need to finance your vehicle: this can cover the entire price or only a portion, depending on whether or not you have a down payment. Post-financing is also possible with a vehicle purchase invoice dated within the last 3 months.
The car loan offered by MsCredit allows you to borrow an amount corresponding to the total or partial purchase price of the car (including any selected options) and may include:
- accessories not listed on the car invoice (up to the loan limit),
- the vehicle registration document if it is included on the order form,
- the outstanding balance of an existing car loan.
What is the purpose of a car loan?
A car loan allows you to finance the purchase of a vehicle, whether new or used, with or without a down payment. Specifically, a car loan helps to:
- Make buying a car easier when you don’t have the full amount available.
- Allow you to repay in installments, month after month, according to your repayment capacity.
- Preserve your savings by opting for a loan. This way, you can keep the money you have available to finance other projects.
How does the MsCredit car loan work?
Behind the car loan lies a personal loan that offers attractive benefits such as a fixed interest rate. This loan works simply: you customize it to your needs using the car loan calculator, and once approved, you follow an amortization schedule that allows you to track your loan repayments over the agreed term.
The monthly payments you make include the repayment of the borrowed amount as well as the interest included in your contract. This interest is fixed from the moment you sign your contract, meaning it remains the same throughout the entire term of your loan.
What type of loan can I take out to buy a vehicle?
When you want to purchase a new vehicle, whether new or used, there are several financing options available:
– Personal Loan: This is a type of unsecured consumer credit.
– Secured Loan: The loan granted can only be used to finance the purchase of your vehicle and nothing else. The money released by the lending institution is paid directly to the dealership or the previous owner of the vehicle.
What are the differences between a Secured Loan and a Personal Loan?
With a Secured Loan, the financing and the vehicle purchase are inextricably linked. This means that the money you borrow can only be used to pay for the purchase of your new car. Therefore, if the sale of the vehicle falls through, the loan is also canceled, preventing you from having to repay a loan that ultimately becomes unnecessary.
Unlike a secured loan, a personal loan doesn’t impose any restrictions on how you spend the borrowed money. Therefore, it can also be useful for financing additional expenses that arise when buying a vehicle (such as repairs for a used car, car insurance, driver’s license, registration, equipment, and accessories).
What are the requirements for taking out a Personal Auto Loan ?
A Personal Auto Loan must be taken out before purchasing your future vehicle. Once the loan offer is approved, you have a legal cooling-off period of 14 days, after which you can no longer withdraw your acceptance.
After you have planned your car purchase and carefully considered your financing needs, the online loan simulator allows you to calculate, free of charge, the Personal Auto Loan that best suits your financial situation. So, with just a few clicks, you’ll know the exact amount of your upcoming monthly payments, the interest (thanks to the fixed APR), and the repayment period for your car loan.
How do I get the best interest rate for my personal car loan?
Depending on the lending institution, obtaining the same loan amount to finance a car purchase can cost you more or less. The reason is simple: depending on the interest rate charged, the additional fees you’re charged are never the same.
To minimize the total cost of your personal car loan, several options are available. When possible, using a down payment will reduce the amount of your loan and, therefore, its cost. The repayment period is also a key factor when calculating the total cost of your car loan. The shorter the period, the lower the interest payments will be. By the way, to find out the total cost of the loan, focus solely on the annual percentage rate (APR). Including all fees such as interest, insurance premiums, and processing fees, the APR is the only way to accurately assess the true cost of your personal car loan.
Contractual and Mandatory Information for Personal Loans
To find out if you meet the requirements for obtaining a car loan, we recommend simulating your loan with a loan calculator. Thanks to this free and no-obligation tool, there’s no need for complicated calculations!
Once you’ve entered the requested information (engine type, vehicle age, loan amount), the simulator will provide you with a loan offer tailored to your situation, including:
- Loan amount,
- Monthly payment amount,
- Number of monthly payments,
- Repayment contract duration,
- APR (Annual Percentage Rate – understand this as the car loan rate or interest),
Total amount due.
After reviewing the loan offer provided by the simulator, you can proceed with your application. In this case, you must provide the documents mentioned above to validate your loan application and allow your lender to release the funds.
Our mission
The fintech expert in 100% digital neo-brokerage
We developed our company following an observation: the consumer credit market lacks clarity, the procedures are lengthy, and consumers get lost in a flood of unsuitable and discouraging offers!
Frequently Asked Questions
Yes, in principle, it is entirely possible to buy a car on credit without an initial down payment, provided that your financial situation is deemed satisfactory by the lending institution.
If you have sufficient income and your debt-to-income ratio does not exceed the recommended 33% to 35% (including the new car loan), it is quite possible that the lending institution will accept your loan application even if you do not provide a down payment.
Yes, with MsCredit, you can apply for your car loan 100% online, without having to leave your home! Run a car loan simulation in just a few clicks and select the offer that best suits your needs.
You will receive an immediate preliminary response while awaiting the final decision after your application has been reviewed. If your application is approved, you can sign your loan agreement online and receive the funds in your bank account after the legally mandated holding period.
A Personal Car Loan is an unsecured personal loan: you don’t need to provide MsCredit with a quote or invoice to access the funds. This is what distinguishes a personal loan from a secured car loan, often offered by dealerships themselves, which is strictly for the purchase of a specific item.
However, as with any loan application, you will be asked to provide supporting documents related to your financial situation. These documents include: a valid form of identification, proof of address dated within the last three months, and your most recent payslips or tax assessment.
To finance the purchase of a hybrid or electric vehicle, MsCredit offers the Mobility Car Loan, a car loan with competitive rates compared to traditional offers.
This loan is designed to encourage drivers to adopt more sustainable mobility solutions.
Finance your project at your own pace
Discover our installment payment options, credit options, mini-loans and bank cards
Car Loans
Lower interest rates make car loans an attractive option for buying a car.
Discover our fast loan offers with our customized simulator and get on the road to your dream car without being held back by budget constraints.
Consumer Credit
Consumer credit is a specific type of credit.
Consider reading our guides and news articles that discuss financing options for consumer products.