Applying for the Yendo credit card is as simple as 1, 2, 3
Learn how Yendo lets you use your car to access up to $10,000 in credit. Let your car help you pay the bills, make a big purchase or have funds available just in case.
How Yendo works in 3 steps
Get pre-approved
Fill out some information about you and your car and you can get pre-approved in 2 minutes with no impact to your credit score.
Verify yourself and your car
Once pre-approved, verify your information by taking photos of your car and ID. Keep your phone handy!
Access your money
After approval and completing the card activation process, you'll access part of your credit with a virtual card while your physical card is mailed. Activate it for full access.
Get pre-approved
Fill out some information about you and your car and you can get pre-approved in 2 minutes with no impact to your credit score.
Transfer your loan
When you digitally transfer your existing auto loan to Yendo, the full application process takes minutes to complete.
Access your money
After approval, you'll get access to part of your credit limit with our virtual card while your physical card is mailed to you. Activate it once it arrives and you'll get access to your full credit limit.
Here’s what you might get*
$4,690
$2,300
$10,000
Factors that impact your credit limit
Your credit limit is determined by a variety of factors that include your unique vehicle’s make, model, mileage, trim, and year as well as your individual credit history. We also want to be sure you have the ability to pay back each month, so we also consider your current income and expenses.
Your Vehicle
Your Credit History
Your Income and Expense Ratio
How Yendo calculates your minimum payment
Yendo's payment estimator helps you calculate your approximate minimum payment. Simply enter your statement balance, so you can plan ahead with confidence.
About the Payment Estimator. Minimum payments shown are approximate and assume full credit utilization, with a minimum payment calculation of 1% of card balance + fees and/or finance charges, as applicable. Your minimum payment could be higher or lower based on how much and when you spend during your statement cycle, any payment activity, and fees (such as returned payment or late fees). See Yendo’s Cardholder Agreement, which is available upon approval, for a full description of how we charge interest and calculate minimum payments.
$0
$40
$40
$0
What is vehicle equity?
Generally, vehicle equity is the difference between the value of your car and how much you owe on your car. We’ve created a guide to help you better understand what vehicle equity is, so you’re comfortable applying for the card.
Benefits of having the Yendo credit card
If you have a car fully paid off
You no longer have any outstanding payments on the loan, and you own the vehicle in full.
Get up to $10,000 credit limit
Build your credit with on time monthly payments
Same-day access
If you’re making payments to your car
You are regularly paying installments toward the loan you took out to buy the vehicle, until the total amount borrowed, including any interest, is fully repaid.
Potentially reduce your monthly auto loan payment
Get additional spending power/increase your available credit as your pay down your auto loan
Same-day access
We’re here to help
Have questions about how Yendo works? We’ve got you covered.
With responsible usage, Yendo can help build your credit. We report to Experian, Equifax, and TransUnion.
Yendo Credit Cards have credit limits ranging from $450 up to $10,000. Your credit line depends on the make, model, mileage, and condition of your vehicle in addition to your ability to repay.
Most Yendo cardholders have access to their virtual credit card within an hour of completing their application and mailing their title. The virtual card can be used online or with Apple, Google, or Samsung pay. A physical card will be mailed to you and typically arrives in 3-7 days.
Not quite, but similar. A secured credit card requires money to be deposited to open an account. That money is known as a security deposit, and your credit limit is equal to the amount of that security deposit.
At Yendo, we know most people want financial mobility and a financial safety net. Yendo gives you the ability to use the equity in your vehicle to gain access to credit rather than sending in a cash deposit. The credit limit will be determined by the year, make, model and condition of your vehicle. We will also take your ability to repay into consideration to ensure you are able to afford the monthly payments. Yendo credit limits are typically much higher than cash secured credit cards and don't require any investment from you.
Yendo Credit Cards have credit lines ranging from $450 up to $10,000. Your credit line depends on the make, model, mileage, and condition of your vehicle and your ability to repay.
Learn more about Yendo
What is vehicle equity?
Yendo’s vehicle id verification process
Yendo’s Title Submission and Title/Lien Release Process: A Complete Guide
Apply today
Access up to $10,000 in credit with Yendo.
