Since interest rates are primarily based on credit scores, the average interest rates for bad credit car loans are higher than they are for good credit loans.

In some cases, a credit union may be a better option for a consumer and their financial needs – especially when it comes to getting an auto loan. When it comes to credit unions vs. banks for where to get your next car loan, there are a few factors to check out. Let's take a look. Are Credit Unions

In a landmark move, President Joe Biden vowed to erase Federal student debt for Americans who make less than $125,000 a year. The initial announcement, which came on August 24, includes the promise to forgive up to $10,000 of debt for individuals with outstanding Federal student loans, and up to $20,000

If you already have auto financing secured, when are you supposed to tell the dealership? We have a suggested order to consider when you're buying your next car from a dealer.

If you Google how to get a car loan online, you're most likely bombarded with ads and websites vying for your business. It's pretty straightforward, like most things people do online these days, you fill in some info, and a lender contacts you with a yes or a no. But are these online lenders legit? Here's

Yes, you can buy a car with a personal loan, though there are many reasons not to. Personal loans can be used for many things, but can also be more trouble than they're worth. If you're looking for a vehicle, an auto loan is usually the way to go. Here's why.

There are multiple credit bureaus and two main credit scoring models – but what will a dealership see? An auto lender is likely to see your FICO credit score, and here's why.

The Consumer Financial Protection Bureau (CFPB) is showing growing concern over the rising cost of vehicles. But, since they have no oversight on dealers, they may be turning their attention toward the auto lending industry in 2022.

Credit scores are used to give lenders a glimpse of how a borrower might do with new credit, based on their history of repayment and other factors. The most common credit-scoring model is FICO, and it ranges from 300 to 850. With a low credit score of around 300, you may find it harder to get approved for a car loan.

Deep subprime credit refers to someone in the lowest credit tier according to the FICO credit scoring model. We're exploring what it means when you have deep subprime credit, and if you can still get an auto loan with these scores.