U.S. Auto Loans, Sales, Keep Rising

It’s a question that the entire auto industry finds itself asking: Can 2015 beat 2014 on car sales? It’s a tall order; 2014 was a record breaking year for both cars sold and loans originated. And it looks like 2015 might be up to the task of beating it.The latest numbers paint a very strong picture of a boom in progress. May saw a high of 17.7 million vehicles sold off of dealership lots, the strongest month since the industry set a...

How Long Should My Car Loan Be for ?

Car loans have three core pieces: The principal, or how much you’re borrowing; the interest rate, or how much more you’ll pay on top of the principal to purchase auto financing; and the term, which is how long you’ll be paying off your car. And while that last part may seem simple, in truth how long you take to pay off your car can have an enormous effect on your finances. Why Is My Car Loan Term Important? Many of us think of the car...

Poor Credit Home Loan Tips For Applying

Bad credit is a problem that burdens millions of Americans on a daily basis. If you suffer from a low credit score then you will often find it very difficult to get loans approved. This is especially true for people who are looking to obtain a home loan. Most people probably think it is impossible to get a home loan approved with a low score. The honest answer is that getting a poor credit home loan approved will be a long and hard...

Why You Should Think Twice Before Settling on a Long Auto Loan

Auto loans are getting longer and longer. Just a decade ago, a five year auto loan was unusually long; now, six and seven-year loans are becoming more popular, with nearly a quarter of all new loans using these new, longer terms. But while they’re tempting, they’re not for everybody, and customers should think carefully before they sign. Long-Term Loans, Short-Term Thinking Longer terms are popular because they cut down your overall...

How To Overcome the Stress of Student Loan Debt

It’s easy to feel financially stuck in a cycle of debt when you have a huge outstanding student loan balance. From 2004 to 2014, student loan debt increased by 56% with the average American student now owing over $28,000. For some, that amount is even much larger. For example, attending a private undergraduate university or continuing onto graduate school can easily set you back almost six-figures in student loans. When you make a big...

4 Huge Reasons Auto Loans Just Make Sense

Personal finance experts claim when it comes to purchasing a vehicle, cash is the best way to go. Their reasoning is that by using cash, consumers do not pay any interest, and this results in getting the most for their hard-earned dollars. Buying a car with cash sounds like great advice in theory, but when it comes to real-life situations, it’s not always practical. Life is full of other needs and expenses that eat up the family...

6 Things You Should Always Negotiate Pricing On

If you’re like me (and probably everyone else for that matter), I’m always looking for the best deals when it comes to making a buying decision on a product or a service. But I always take it a step further by negotiating the final price: It’s all part of my money saving techniques to help keep more money in my pocket. I know some of you may be a little timid or shy or even embarrassed when it comes to negotiating prices on items, but...

Auto Loan Defaults Reach Lowest Mark in 11 Years

Whether you’re buying a car or borrowing for college, no matter what the loan is for, for the lenders it all comes down to one word: Risk. They examine not only to your credit history, but the history of everybody in your credit score, and how the entire loan sector is behaving, before you get a loan, and they do it constantly. And, just recently, the auto loan sector made itself very, very appealing to lenders. Simply put, auto loans...

A Low Cost of Finance while Fueling your Business

Every business has a mission and vision to follow. But in order to achieve these, entrepreneurs must have the expertise in leadership and an adequate capital for business financing. You many have an amazing vision in reaching the new heights in business world, but you lack funds that may stop you from showing your true skills. You don’t have to feel depressed because the unsecured business loans provide the funds you needed in making...

How to Get Preferred Bad Credit Home Loan Refinancing

All of us might need home financing at some point during our lives. When you have a bad credit history and you’re going through this, the best option for you is to go for a bad credit home loan refinancing. We all know that when you have bad credit history, a lot of the lenders or financial institutions don’t really like to offer you alone and hesitate about this a lot. Even if they approve your loan the prepayment terms and interest...