Posts Tagged ‘car loans’

Are you in the process of buying a car, and will need to finance your purchase with an auto loan? When it comes to applying for an auto loan, you’ll want to think beyond just getting approved and carefully consider the rate you’re being offered. After all, the lower the interest rate, the less you […]

Are you getting ready to buy a car? It can be an exciting thing to shop for, but remember that as soon as you drive your new car off the lot, it depreciates in value. As such, you’ll want to make sure you’re completely satisfied with your next vehicle purchase. From getting more than you […]

Did you take out a car loan in order to finance your car, and the monthly car payments are a little higher than you’d like them to be? Falling behind on auto loan payments can be stressful, overwhelming, and your car can be repossessed in the process. The following tips, however, can possibly help to […]

   Are your monthly car payments a bit higher than you’d like them to be due to the interest rate? The car loan you were approved for and the interest rate you were given initially may have been due to poor credit or other financial issues preventing you from getting a better rate. If your […]

Have you always wondered what lenders look for exactly when you apply for a loan? In addition to looking at your overall credit score, they will look through your payment history, current and past loans, and level of risk. Although it can vary by creditor, many will follow the five C’s of credit when making […]

You may have heard about refinancing your mortgage for a better rate, but did you know that you could do the same for your car loan? Although the process and the terms are much less complex, not all borrowers will necessarily benefit from refinancing a car loan.  Before refinancing your car loan, determine if you […]

When it comes to debt, there are two main types: unsecured and secured. Understanding the differences between the two types is crucial, so that you can execute an efficient plan for paying it off. Secured Debts When something of value is used as collateral for a loan, it is known as a secured debt. When […]

As more individuals head to dealerships to purchase a new vehicle, they are increasingly stretching out their car loans to at least five years – and for some, it’s six or seven years. These findings, which were reported by Experian, come from data that was analyzed from auto loans that were taken out within the […]