Simple Process

How CFNA Financing Works

Get approved and funded in 3 easy steps. Most customers receive funds within 24 hours.

1️⃣

Step 1: Complete Your Application

Fill out our secure online application form. We'll need basic information like your name, address, employment details, and bank account information. The entire process takes less than 5 minutes.

  • 100% online application
  • Takes 3-5 minutes to complete
  • Bank-level encryption for security
  • No paperwork required
2️⃣

Step 2: Get Instant Approval Decision

Once you submit your application, our system reviews your information and provides an instant decision. You'll know within minutes whether you're approved and for how much.

  • Decision in minutes, not days
  • No hard credit check required
  • Bad credit accepted
  • 95% approval rate
3️⃣

Step 3: Receive Your Funds

After approval, your funds are typically deposited directly into your bank account the same day or next business day. Use the money for tires, repairs, or any auto service needs.

  • Same day funding available
  • Direct deposit to your account
  • Use at any auto service center
  • No restrictions on repairs

What Information Do I Need?

To complete your CFNA application, you'll need:

  • Valid government-issued ID (driver's license or state ID)
  • Proof of income (pay stubs, bank statements, or tax returns)
  • Active checking or savings account
  • Contact information (email and phone number)
  • Social Security Number

How Long Does the Process Take?

The entire process from application to funding typically takes:

  • Application: 3-5 minutes
  • Approval Decision: 1-10 minutes
  • Funding: Same day to 1 business day

What Happens After I Apply?

  1. You'll receive an email confirmation that we received your application
  2. Our system will review your information automatically
  3. You'll receive an instant approval or denial decision
  4. If approved, you'll review and sign your loan agreement electronically
  5. Funds are transferred to your bank account
  6. You'll receive payment instructions and schedule

💡 Pro Tip

Apply during business hours (Monday-Friday, 9 AM - 5 PM EST) for the fastest processing. Applications submitted on weekends or after hours will be processed the next business day.

Behind The Scenes: How Our System Works

Understanding what happens behind the scenes can help you feel more confident about the process. Here's how our technology evaluates your application:

🔍 Step 1: Application Submission

When you hit "Submit," your information is instantly encrypted using 256-bit SSL technology—the same security used by major banks. This ensures your data is protected from the moment you enter it.

🤖 Step 2: Automated Review

Our proprietary decision engine evaluates multiple factors simultaneously:

  • Income stability and verification
  • Employment history and current status
  • Banking relationship and account health
  • Debt-to-income ratio
  • Past borrowing history (beyond just credit score)

✅ Step 3: Approval Decision

Based on this comprehensive review, our system makes an instant decision. If approved, you'll see your loan amount and terms immediately. If declined, you'll receive an explanation and suggestions for improving your chances in the future.

📝 Step 4: Electronic Signing

Once approved, you'll review your loan agreement—which clearly outlines your APR, payment schedule, and total loan cost. You can sign electronically using our secure e-signature platform. No printing, scanning, or mailing required.

💰 Step 5: Funding Initiation

After you sign, we immediately initiate the ACH transfer to your bank account. Depending on your bank's processing times, you'll typically see the funds within hours (same-day) or by the next business day.

What We Look For in Applications

Unlike traditional lenders who focus primarily on credit scores, we take a holistic approach. Here's what matters most:

💵 Steady Income

We need to see that you have regular income—whether from employment, self-employment, benefits, or other verifiable sources. The amount matters less than the consistency.

🏦 Active Bank Account

A checking or savings account in good standing shows financial stability and provides a secure way to disburse and collect funds.

📞 Verifiable Information

Accurate contact details, employment information, and identity verification help us prevent fraud and ensure we're lending to real people with real needs.

💳 Responsible Borrowing

We want to ensure the loan amount is appropriate for your situation. We'll never approve more than you can reasonably afford to repay.

Funding Speed & Options

We offer multiple funding options to get you the money you need as quickly as possible:

Funding Method Timeline Availability
Standard ACH 1-2 business days All customers
Same-Day ACH Same business day (if approved before 2 PM EST) Most customers
Instant Transfer Within minutes Select customers with participating banks
⏰ Important Timing Note:

While we process applications 24/7, bank transfers only occur during business hours. Applications approved on weekends or holidays will be funded the next business day. For fastest service, apply Monday-Friday before 2 PM EST.

Repayment Made Simple

We believe repayment should be as easy as getting the loan. Here's how it works:

🔄 Automatic Payments (Recommended)

Set it and forget it. We'll automatically deduct your payment from your bank account on the scheduled date each month. Benefits include:

  • Never miss a payment
  • No fees or hassle
  • Builds positive payment history
  • Can be adjusted or paused if needed

💳 Manual Payments

Prefer to control each payment? You can pay manually through:

  • Online portal (debit card or bank account)
  • Phone payment (call customer service)
  • Mobile app (coming soon)

💰 Pay Early, Save More: There are no prepayment penalties. Pay off your loan early and save on interest charges!

Using Your CFNA Financing

Once you receive your funds, you can use them at:

  • Tire Plus locations nationwide
  • Firestone Complete Auto Care centers
  • Credit First Financial Firestone partners
  • Any auto repair shop or service center
  • Independent mechanics
Start Your Application Now