How to get guaranteed car loan approval for bad credit?

Planning to buy a car but worried about your damaged credit score affecting your car loan? Not to worry! Now you can get guaranteed car loan approval for bad credit if you follow few simple steps. The below mentioned are few effective strategies that will help you buy a car loan with immediate approval irrespective of your credit score. Credit score check – To delay your car loan approval the financing agencies may tell you that your credit score is bad...

Zero percent Car loan finance getting popular around the world

Car is the vehicle, which in these days represents the status of a person in the society. In a developed area or country like USA, there is a great need to have a car. Having a car is not just a genuine requirement but also a social need. However, buying a car is not affordable to all as there are various classes in the society. The middle class people and the students find it somewhat difficult to buy a car of their own. At this point of time, the only...

How Does Car Loan Interest Work?

Whenever you borrow, you have to pay for that privilege. And as you no doubt know, the way you pay is with interest. Car loans, like other types of credit, come with interest payments. But there are some different differences between car loan interest versus other types of interest – such as mortgages, credit cards, student loans, etc. Below I’ll explain how car loan interest works. Car Loans Use Simple Interest, Not Compound Interest Unlike some other...

Important Factors to be Considered for a Guaranteed Car Loan

Getting approved for an auto loan is an easy process, if the correct approach is made. However, there are several factors that need to be considered, in order to gain an advantage over the lenders and hence, find a reliable and affordable loan program, for which this article is quite helpful. Buying a car has become much more expensive nowadays, where financing services have eased the burden to a great extent. With time, getting approved for a loan has...

Perfect Way To Own A Car After Bankruptcy

At present, if you are looking forward to securing chapter 13 auto loans then you have to step up your fiscal literacy in a major way. Now, one of the most important things for you to understand that once you file for chapter 13 of bankruptcy you will be helped by an attorney and court trustee as far as the entire process is concerned. When you file for chapter 13 bankruptcies then you will actually be working with an attorney who will help you to...

How Do Car Loans Affect Your Credit Score?

We all know there’s good and bad debt. Mortgages are sometimes referred to as “good” debt, while credit cards tend to be referred to as “bad” debt because of the high interest rates and large amount of fees attached. But where do car loans come in? Some people argue that since auto loans are backed by the value of the car and the interest rate is very low, it makes good financial cents (ha!) to buy them. Others say it’s better to buy a used vehicle....

Applying For A Car Loan – What You Need To Know

Getting a car of one’s dream is a milestone everyone looks to achieve. Cars are a necessity, more than just a need. They make one’s life easier by shrinking the distances and reducing the travelling time. Although a car is a necessity and any four wheels can fulfill it, everyone thrives for a perfect, most comfortable and beautiful car. As our wishes tend to increase when we select a car for ourselves, funds usually seem short and this is where car...

Is car title loan a good solution for your quick cash requirements?

When in urgent need of money and faced with situation like bad credit, people often take up loans like the payday loans or the car title loans. These offer immediate relief from the cash crunch are very costly loans because of the high interest rates and tougher repayment terms on them. There’s only one eligibility criteria for the car title loan and it says that you must be the sole owner of the car and there should not be any loan on the car. Once you...

Loan Interest Rates

Because not all loans carry equal interest, free wants you to understand exactly what you’re paying for credit, particularly since uninformed decisions can lead to financial jeopardy. A loan interest rate of 1.5 percent per month may seem reasonable enough, but a consumer needs to know the APR before he or she can compare lenders. Some lenders promote introductory offers of loans at what are called “teaser” rates. These loan interest rates are relatively...

Why You Should Buy a New Car (Not Used)

Almost a year ago, my husband and I did something that we never thought we’d do: We bought a brand new car. Up until that point, my husband and I had bought only lease returns (a Saturn in 2002, and a Prius in 2009). However, we decided that after almost 10 years of driving a car we didn’t particularly like, that it was time to get what we wanted. As result, we ended up purchasing a new car – because what we wanted was found most cost-efficiently in a...