Michael Smith


Articles Posted By Michael


I Am Recently Divorced. Why Can't I Get a Car? I Am Recently Divorced. Why Can't I Get a Car?

According to a 2013 study by the Bureau of Labor Statistics, both parents work in 59.1% of married couples families with children. When you take that into consideration, this suggests that when couples split up, both sides are likely to take a significant financial hit to their income and credit. When you go from a two income family to one single income, there are a few things that can negatively affect your chances for getting auto loan approval.

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Why Can't I Get the Car I Want? Why Can't I Get the Car I Want?

Selecting a vehicle to purchase takes time and research. And when you have finally found the vehicle that meets all of your needs, it can be very disappointing when you find out that your credit rating keeps you from getting what you want. So, when you are dealing with damaged credit, it is in your best interest to find the dealer who can handle your unique credit situation first, and find out what you can afford for your monthly payment. Once you know what vehicles you qualify for, you will have a clearer idea of what you can choose from.

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Will Buying a Cheap Car Actually Save Me Money? Will Buying a Cheap Car Actually Save Me Money?

Bill purchased was a 2001 Volkswagen Golf for $1,500 from a private seller. Since he needed it fast, he made a couple of fatal mistakes when he bought it. First of all, he didn't get it inspected by a mechanic, and he borrowed the money he needed for it from a friend. The car ran like a dream when he bought it. However, about four months later, the engine died. The remaining year for Bill, quite frankly, was hell.

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