Having negative equity in a car can lead to a host of problems if you ever need to sell or trade in the vehicle. However, it can be avoided – or exposure to it can be reduced – with a down payment.
If you’re in the market to buy a car, you may be aware of the many benefits attached to having a down payment. How can you save enough money to provide one?
If you have bad credit and need to buy a car, getting a cosigner on board can greatly improve your chances for auto loan approval. Just make sure that your potential cosigner is well informed about the responsibility involved and that they will be able to meet all of the necessary requirements.
If you want a better interest rate on your auto loan and possibly a lower monthly payment, you may be able to refinance your car.
At Auto Credit Express, we are often asked questions about qualifying for bad credit auto loans following a personal bankruptcy. Here is one we recently received about waiting until your chapter 7 bankruptcy is discharged before applying for a car loan.
If you’re thinking of buying your leased car, there are a few factors to consider first. Most importantly, will you get a good deal by purchasing the vehicle?
If you work in the food service industry, there is a good chance that gratuity accounts for a significant portion of your income. So, when it comes to reporting your tips as taxable income, how much should you claim?
