This is an terrible situation to find yourself in: You take out a loan to purchase a car, only to figure out a couple of months later that you really can't afford to make the payments. What can you do? You have a few options open, but the most important thing is that you take some kind of action because involuntary repossession is going to be the least desirable outcome.

For the first time in a long time, it actually feels good to put gas in the tank. You're probably saving a decent amount of money due to the current low cost of fuel, and you may be wondering what you should do with the extra cash. Since, unfortunately, these cheap gas prices won't last forever, how can you take advantage of it now?

You know that you'll get a good deal if you wait until the end of the year to buy a car, but how do you get a GREAT deal?

Trading in a car with a lien on the title is possible, but that lien has to be removed before the vehicle can legally be sold to a dealership. Here's how to make that happen.

You've noticed that there are some great lease deals out there, so you're thinking that you might want to try leasing your next car. But you're wondering just how good your credit needs to be in order to qualify for a lease contract. And while there is a general guideline, it really comes down to the individual discretion of each leasing company.

Just like with anything else that requires spending a significant amount of your money, make sure that you know all of the facts before applying for special finance/a bad credit auto loan.

Self-employed car buyers with bad credit should be careful when filling out their tax returns. Claiming a lot of deductions may yield bigger savings, but it will also reduce the size of your reported income.

If you qualify to participate in the Free File program, you can submit your information now and it will be held until January 23rd. This is the date on which the IRS will start accepting tax returns.

You've probably heard plenty of horror stories about how people have ruined themselves financially by building up mountains of credit card debt. However, millions of consumers use credit cards every day without ever running into trouble.

Leasing a car can be a good option for certain types of drivers, but this option isn't right for everyone. Sometimes buying a vehicle makes more sense.