Who regulates auto loans in Missouri?

The Missouri Division of Finance licenses consumer auto lenders. Visit finance.mo.gov to verify a lender's license or file a consumer complaint.

Does Missouri have rate caps on auto loans?

Missouri's consumer lending laws set rate limits for installment loans. Verify current applicable caps with the Division of Finance at finance.mo.gov.

What credit score do I need for an auto loan in Missouri?

Most bank and credit union lenders start at 620 FICO. Missouri's two large metros provide a competitive lender market for most credit tiers.

Are title loans legal in Missouri?

Missouri regulates title loan companies through the Division of Finance. Title loans carry high rates and risk vehicle repossession — compare all options before using a title loan.

How do I get the best auto loan rate in Missouri?

Compare pre-approval offers from at least one bank, one credit union, and one online direct lender. Use the CFPB's auto loan resources at consumerfinance.gov/auto-loans/ before signing any financing agreement.

Auto Loans in Missouri

Missouri's large metro areas (Kansas City and St. Louis) have competitive dealership and lending markets, while rural Missouri borrowers benefit from national online direct lenders. Vehicle ownership is essential throughout the state given limited transit outside major cities.

Current auto loan rate benchmarks

National averages from the Federal Reserve G.19 (live data) — commercial banks, new car loans. Not state-specific rates — not a rate quote. Your actual rate depends on credit score, down payment, vehicle, and lender.

60-Month New Car

7.52%

National avg, commercial banks — February 2026

72-Month New Car

7.55%

National avg, commercial banks — February 2026

Credit Unions

Typically 1–2 pts below banks

NCUA rate comparison →

Illustrative example — not a rate quote or offer

$35,000 loan · 60 months · 7.52% APR (Federal Reserve G.19 (live data) national benchmark)

Est. monthly