DALLAS -

This week, Cars.com selected RoadLoans.com as its exclusive lender for its online customers looking to get pre-approved auto financing as part of their shopping experience.

Potential buyers who visit Cars.com, newcars.com or pickuptrucks.com will have the option to select financing as part of their search for a particular vehicle.

Once at the Car Financing Center, shoppers can complete a secure online loan application and receive a loan decision in less than a minute. Consumers may customize their auto loan, selecting their preferences for annual percentage rate, loan term and down payment amount. 

The sites mentioned consumers will also benefit from educational tools such as payment calculators, car videos, online chat with a loan specialist and contact information for the dealer selling the vehicle.

“Cars.com and RoadLoans.com are leaders in the online car shopping market and are uniquely positioned to connect approved consumers with participating dealers,” stated Lana Johnson, vice president of originations for Santander Consumer USA, which founded RoadLoans.com in 1997.

“RoadLoans has helped hundreds of thousands of people receive auto financing before they ever set foot in a dealership, which removes much of the anxiety consumers feel when they purchase a car,” Johnson continued.

“Cars.com is a trusted brand by millions of people, and their Web presence coupled with our finance capabilities allow us to help more customers purchase a car,” Johnson went on to say.

Mark Seaton, director of new business for Cars.com, added, “Cars.com is thrilled to work with RoadLoans.com to offer real-time finance decisions to our customers by a trusted, global banking leader like Santander.

“Cars.com customers will be more empowered than ever to get the vehicle they are looking for with a pre-approved voucher from a respected lender,” Seaton emphasized. “RoadLoans.com has the ability to offer competitive financing to all credit types from prime, to non-prime to sub-prime, which was very important to us.

“Cars.com is a premier site and brand among auto shoppers, and by working with RoadLoans.com, we deliver a true win for our customers and dealers,” Seaton concluded.