When you see an offer on Credit Karma, it’s important to look at the expanded view of the offer, which will explain that payment amounts and other terms and fees may differ from the estimates you see in the offer overview. Because terms and rates are subject to change after the lender reviews your loan application, it’s important to review the offer terms from the lender before and after you apply to make sure the offer you receive is still in line with the goals you’re trying to achieve.
The estimated Annual Percentage Rate (APR), and monthly payment that you see on a Credit Karma offer are based on your credit profile and available rate information from that specific lender. Lenders generally have a range of available APRs and not all borrowers will qualify for the lowest rate available.
Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, vehicle information and value, credit usage and history. The lender also might impose additional restrictions, like model year and income qualifications. When evaluating offers, you should review the lender's terms and conditions for additional details.
On Credit Karma you’ll see your Vantage 3.0 credit scores from two of the three major consumer credit bureaus, which can give you a good idea of your overall credit health. Before applying for an auto product, you should look at your other scores, like your FICO score, which lenders will likely use in evaluating your application.