If you were like me, it always feel like a trip to the dentist everytime I go to a car dealership. I know it will be painful and it would cost a lot of money. But this is something that needed to be done. So here I am again the third time around,seems like I [...]
Interest rates are dropping and most Americans own or lease a vehicle that has been financed. Maybe you even have two or three autos in your household that if you had about 5-10 minutes to think about the possibility of lowering those payments ever month putting additional funds in your pocket.
1. What’s the actual rate?
Review your credit report before you talk to a lender; make sure there are no discrepancies on your report. If there are mistakes or discrepancies you will want to fix them first. Mistakes or discrepancies can make your rate higher. When talking to a lender understand what fees that will be [...]
Here are 7 steps to follow when applying for an auto loan.
Simple vs. Add-on’s
When purchasing a new or used car, typically a buyer pays an amount of their own money, called a down payment. The amount of the down payment is applied toward the total purchase amount of the vehicle and the remaining balance may be borrowed from a bank, credit union, dealership, or lender online. Prior [...]