Brakes are a normal wear item and replacing them is usually not covered under a new car warranty, certified used car warranty or used car service contract. Borrowers, especially those with credit issues that are on tight budgets, should not only pay attention to the seven signs their brakes need to be inspected, they should also set aside funds each month to cover maintenance expenses.
With used car prices projected to drop over the coming months, now might be a good time to consider applying for a car loan.
Consumers with damaged credit need to know that they’re really not alone and that there are lenders out there willing to work with them – they just have to know where to find them – which is where we come in.
Even if your credit scores are less than perfect, the smart move is to buy the safest car you can afford. Checking out the list of vehicles tested by the IIHS can go a long way to steering you towards the right vehicle.
The Castrol Protection Plus program can give used car buyers additional peace of mind. Buyers with credit issues, however, should keep in mind that it’s not available at all dealerships, oil changes will be more expensive, and it doesn’t take the place of a certified used car warranty or used car service contract.
The latest report from the NCUA shows that credit unions continue to increase their share of vehicle lending. The issue that buyers with damaged credit face is that credit unions, as a rule, don’t buy as deeply as subprime lenders. But having said that, it never hurts to give your local credit union a first shot for a car loan.