For many, high prices aren’t the only obstacle to buying a car. If you’re borrowing money for some or all the purchase price — which, according to Statista, puts you in the same company as nearly 80% of U.S. new car buyers and 40% of used car buyers — high interest rates are also a […]
Category: Car Loans
How Much Vehicle Can You Afford?
I’ll admit it: budgeting and figuring out financing is probably the least sexy and fun part of shopping for a car. That being said, it’s one of the most important parts and the first thing you should do before anything else. There’s no reason to fall in love with the perfect vehicle if you’re just […]
Buy Here Pay Here Financing: What You Need to Know
It’s time for a new car. Your current ride is making an unintelligible clunking noise, its cabin is far from comfortable, and the overall quality of the drive is a lethargic disappointment. Yet, buying a new car amid your current financial situation may feel like a faraway goal—something you won’t be able to achieve until […]
Down Payments: What You Need to Know
Purchasing a new car can be a daunting process. Not only can it be difficult to find a vehicle that suits your exact needs, but the financial side of things can be a real slog, especially if you have less than excellent credit. In the face of difficult or constrained financial situations, figuring out how […]
How to Choose a Car With a Subprime Auto Loan
Shopping for a car involves juggling a lot of different things all at once and trying to keep it all organized in hopes that you get a vehicle that you’ll enjoy and that you can depend on for many years to come. There are different ways to approach this whole process, but it helps to […]
Car Shopping No-No’s: The Do’s and Don’Ts of Buying Your First Used New Car
Buying a new, used car can be a daunting experience with many obstacles that must be overcome. Yet, despite the tricky nature of second-hand buying, more drivers are buying quality pre-owned vehicles from a used car dealership. In fact, according to recent data, used car sales reached 1.8 million in 2022, with many even choosing […]
Get Behind the Wheel to Improve Your Credit Score
If you’re looking for bad credit financing to help with purchasing a vehicle, then you might be interested in Buy Here, Pay Here dealerships or lenders that offer subprime loans. Knowing you have these kinds of options can ease the burden of buying a car with a low credit score or a limited credit history. […]
How to Get a Good Deal on a Car, Even With Bad Credit
There are a number of reasons good people wind up with bad credit. Maybe you have student loans and learned the hard way that your degree didn’t get you as high-paying a job as you’d hoped. Maybe you had to put an emergency expense on a credit card and have been making minimum payments since […]
Subprime Auto Loans and Credit: A Consumer Guide
Owning a vehicle has become a necessity for many consumers. Finding reliable transportation to accommodate the commute to work, leisurely activities, and all of the other items that fall in between the two categories is a priority for many. But many feel that their options are either limited or nonexistent because of a low credit […]
Poor Credit? No Problem! Use These Tips To Get The Perfect Vehicle For You
Buying a new vehicle with bad credit can seem overwhelming, and maybe even impossible. Thankfully, though, there are options out there that can get you behind the wheel of a new car, even with a poor credit history. Understanding auto loans, your credit, and how to budget for a new vehicle before you begin looking […]
How to Get a Car Loan When You’ve Filed for Bankruptcy
At some point in life, everybody needs a little good grace and a helping hand, financially speaking. Even responsible, well-intentioned individuals can go into bankruptcy if a business plan or investment doesn’t go well. Bankruptcy can be emotionally painful and stressful for a number of reasons, and one of those is that it makes it […]
Is the Road to Better Credit Paved With a Bad Credit Car Loan?
What is a bad credit car loan? Why is your credit score so important? What’s an interest rate? These are common questions you might ask after discovering your credit score isn’t high enough to qualify for a traditional car loan. As if buying a car isn’t already stressful, now you’re faced with finding another option […]
Seven Keys to Car-Shopping With Bad Credit
Even if you’re someone who enjoys shopping for a car, figuring out financing and how to pay for it probably isn’t what you’re most looking forward to. If you’ve got less-than-great credit or little in the way of credit history, then the entire thing can become a lot more complicated, and there are far more […]
Can You Keep Your Car or Apply for a Car Loan During Bankruptcy?
Bankruptcy can (and does) happen to anyone. Whether you have to file bankruptcy because of a business deal or investment gone wrong, or you lost your job and can’t keep up with mortgage payments, credit card bills, and the like, you might decide to declare bankruptcy. This choice has its pros and cons, but bankruptcy […]