PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
What does "pending approval" mean on a car loan?
I applied for a car loan a few days ago. The lender said it would only take a few days to approve. Now when I check the status, it says "pending approval." What does this mean?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
All that “pending approval” means on a car loan is that it has yet to be approved. This could be for several reasons.
They could need more information from you (typically they’ll call you), or the lender could just have a massive backlog of applications. You shouldn’t worry about it.
Before you get a car you will need car insurance.
Dealerships and lenders check
, so make sure your car insurance isn’t the reason why there’s a hold up. You can get insured fast with the Jerry
app. Jerry compares 50+ top insurers to make sure you get the coverage you want for the best price. View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
.webp&w=384&q=75)
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
