Online car loan applications are quick and convenient, but those seeking to get a car loan online need to know that they are protecting their sensitive personal and financial information. Fortunately, there are a number of federal regulations that dictate how your information can be collected and used, to ensure maximum consumer protection. Most online lenders use sophisticated encryption technology to safeguard security; and reputable lenders will always have a privacy policy readily available. So the vast majority of online car loan applicants are well-protected, but it always pays to ensure you are communicating with a reputable company.