Category: Car Loans

0% Financing on New Cars

0% Financing on New Cars

Nowadays, it is fairly common for car manufacturers to provide 'car financing' or 'car loans' for their customers. In some cases, dealers and vendors also provide such services, and it has been observed that up to a third of all auto sales in the U.S. are through zero financing options. The concept is fairly ...

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How to Refinance a Car

How to Refinance a Car

Many homeowners make a beeline for home refinancing whenever interest rates drop. Indeed, it is a great option, if you spend a whopping amount on monthly payments, owing to very high interest rates. However, many of them also pay hefty monthly payments on their car loans. What they do not know is that they can ...

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What Credit Score is Needed to Buy a Car

What Credit Score is Needed to Buy a Car

The straight answer to the above question would be a credit score of 600 to 625. But here's an expiation. As mentioned above, the end of economic recession has seen substantial changes in the lending sector. The reason that questions such as 'what credit score is needed to buy a car' or 'what is the credit score ...

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Car Financing for Bad Credit

Car Financing for Bad Credit

Getting an auto loan is one of the simplest ways of buying the car of your dreams, since most of us cannot come up with enough cash for the same. However, the procedure for getting an auto loan is full of obstacles, the biggest one being your credit score. If you have a good score, the rest of the things can fall ...

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Average Credit Score for a Car Loan

Average Credit Score for a Car Loan

Nightmares about being short of cash and not being able to pay back the home loan aren't really a path, which has not been traversed by us? But thankfully, such dreams do not always come true. The most important thing, however, is to know about the credit scores required for home or car loans, etc., which are no ...

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How to Reduce Monthly Car Payments

How to Reduce Monthly Car Payments

On account of the current state of the economy, an increasing number of people are looking for ways to bring down their vehicular payments. For some of them, car loans take away a big chunk of their income. Sometimes, unexpected expenses occur and make your income look smaller than always. There are a few ways ...

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Advantages of Paying off Car Loan Early

Advantages of Paying off Car Loan Early

Most of the time, banks and other financial institutions who lend money for buying a car allows you to pay off auto loan early, without any prepayment charges. However, there are some financial institutions which charge you some money if you pay off your car loan earlier, on the pretext that they lose money when ...

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Information about No Money Down Bad Credit Car Loans

Information about No Money Down Bad Credit Car Loans

Horrible economic conditions, poor awareness about terms and conditions of credit and loan facilities, divorce and family problems, loss of job, economic recession, frauds, misrepresentation, misleading advertising are some of the factors that lead people into a financial mess. In such cases, people often end ...

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Leasing a Car With Bad Credit

Leasing a Car With Bad Credit

You may face many difficulties in leasing a car if you have a bad credit. It is advisable that you attempt to improve that score using credit repair, before you go ahead and buy or lease something. Doing so would greatly improve your chances of acquiring the vehicle that you wish to have. Since the economic ...

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Information about Car Loans After Bankruptcy

Information about Car Loans After Bankruptcy

A car loan or auto loan is a very effective credit facility which basically helps people buy cars, even if they do not have the required financial resources at that time. And, in some instances, availing a car loan post bankruptcy is probably the best chance to improve your current credit score. Before explaining ...

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