BB&T car loans

6 Things you should know about BB&T car loan

BB&T Bank offers competitive auto loan rates, great terms, and flexible repayment options. BB&T has been in business since 1872 and is proud to be one of the top banks in North Carolina today. We provide a variety of financing options for drivers who are looking to buy or lease a new car, truck, or SUV. If you’re ready to drive home with your dream vehicle today, get started by visiting our online auto loans page!

1. BB&T auto loan rates and terms

BB&T auto loan rates are based on the credit score of the borrower and whether or not you have an existing BB&T credit card. If you do, that can help your chances of getting approved for a BB&T auto loan, as long as your account is in good standing with no recent late payments.

BB&T auto loan rates vary depending on how much money you borrow, how long it takes you to repay it and what purpose is used for repayment (e.g., buying a new car vs paying off an old one).

It’s also important to note that BB&T reports your payment history to all three major credit reporting bureaus: Experian, TransUnion and Equifax. When applying for future car loans from other lenders or renting apartments from landlords who request a background check, they’ll see this information listed on your report so they know how responsible you’ve been when repaying debts.

2. BB&T auto loan requirements and qualifications

To be eligible for a BB&T auto loan, you must meet the following requirements:

  • The minimum credit score of 700. If your score is below 700, BB&T recommends working on your credit before applying for an auto loan.
  • Verifiable income. Your income must be verified by employment information and/or tax returns. The amount of money you earn must also be documented annually as part of the application process.
  • Debt-to-income ratio (DTI). Your DTI refers to how much debt you have compared to how much money you make each month; it takes into account all monthly payments on loans such as mortgages or student loans, as well as any rent or utility bills that need to be paid off each month in order for them not to become delinquent at some point during the year while still remaining under control enough so that they don’t affect other financial obligations negatively either through late payments or excessive interest charges over time due solely because too much money spent out there means less available elsewhere including savings accounts (which could otherwise serve us well during emergencies) etcetera. You should know about
BB&T auto loan
BB&T auto loan

3. BB&T auto loan eligibility

BB&T auto loan eligibility criteria are as follows:

  • You must be at least 18 years old.
  • You must have a valid driver’s license.
  • If you have had a bankruptcy discharge in the past seven years, you will need to wait two years before applying for a new car loan. However, if your bankruptcy was more than seven years ago and you have since re-established good credit, then you may apply immediately after that period of time has elapsed without waiting out the two-year period between applications.
  • Your credit score should be at least 620, but preferably above 640 in order to qualify for an auto loan with BB&T. The higher your score is above 629 (the national average), the lower your interest rate will be on your automobile loan.* Employed individuals who make $1,000 per month or more are eligible for loans up to $25,000 from BB&T.* Unemployed individuals who make $500 per month or more are eligible for loans up to $5,000 from BB&T.* There is no maximum amount on which one can borrow through this program; however, there is also no minimum amount either—it all depends on what type of vehicle one wants and how much money they want or need to spend on it. Check out to know about zero down car loans.

4. How to apply for a BB&T auto loan

When you’re ready to apply for a BB&T auto loan, you can do it in person at a BB&T branch, over the phone, by mail or fax.

Apply online: To apply online, go to and enter your information into the secure form on the web page. If you have applied for credit before at BB&T, you may be able to access your account’s information with one click using our Online Banking ID (online banking IDs are unique numbers that allow customers access to their account information). This will help speed up your application process because we will already have some of your personal data on file.

Apply at a branch: You can also come into any local branch location near you where someone can assist with completing an application in person if needed or answer any questions that come up while filling out forms; this includes opening accounts as well as applying for loans and other products offered by BB&T Bank N.A., Member FDIC

5. How to prequalify for a BB&T auto loan

You can get prequalified for a BB&T auto loan by visiting your local branch or calling the customer service hotline. However, to ensure you get the best deal on your car loan, it’s important to know what a prequalification letter is and how it can help you negotiate with dealerships.

Prequalifying for an auto loan means that you’re simply proving that you have enough money in your checking account or savings account to make payments on time. This can be done by providing financial statements and income documentation, such as W-2s (tax forms) and pay stubs; however, some lenders may require other types of documentation as well—such as bank statements—depending on their ideal borrower profile. You’ll want to ask any potential lender upfront about their lending requirements before applying so there are no surprises later down the line!

6. You can qualify for a BB&T car loan and drive off the dealer lot today.

You can qualify for a BB&T car loan and drive off the dealer lot today. Whether you want to buy or lease, we’ve got affordable options to meet your needs. We offer competitive auto loan rates and terms, so you can rest assured that your monthly payment won’t break the bank.

BB&T offers competitive auto loan rates and terms. We provide a variety of financing options for customers who have good credit scores (720+) and adequate income, so there’s no reason to settle for anything less than what you deserve.

You can apply for an auto loan online in just a few minutes., If you prefer to apply over the phone or in person with one of our financial advisors at any BB&T branch location across Florida.


We hope that this guide has helped you understand the benefits of a BB&T car loan and how to apply for one. The process is simple, and we’re here to help if you have any questions. The best part? You can qualify for a BB&T auto loan and drive off the dealer lot today!

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Written by Mr. Rashed

Mr. Rashed graduated from college with a BA in English. He is a legal writer with a focus on Automotive Industry. He is also a Digital Marketer. He has since worked as a Feature Writer in the Automotive industry and gained a deep knowledge of state and countrywide insurance laws and rates. He has worked on Auto Insurance, Car Loans, and Driving Schools. Her research and writing focus on helping readers understand their auto insurance coverage, how to find savings, and all about the auto industry.

In his spare time, Jeffrey makes as much as he can from scratch, travels, and spends time with his enormous extended family.

Have a good day.... :)

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