It has been shown that car buyers with questionable credit are especially susceptible to being sold a used car with that has suffered water damage of some kind.

A Michigan State Senate bill to amend the 1917 Pawnbrokers Act is set to be voted on as soon as Tuesday. The change would add a loophole to the act that would allow pawnbrokers to charge a 20% monthly usage fee. If passed, this will allow consumers to borrow against their cars while continuing to drive them. Here's why it won't pass...

Although it may not seem like it for all of us, Spring is finally beginning to make its rounds in some parts. As the snow and ice begins to melt away, you’ll find that prices on auto sales will melt down too; especially around the holidays.

Used car buyers, in particular those with credit issues, have been shown to be easy targets for unscrupulous sellers hoping to unload used cars that are either rebuilt or have suffered some other type of damage.

Knowing that people with credit problems are especially susceptible to buying cars that may have hidden damage, it's important that they know how to tell if the car they are considering financing falls into this category.

To celebrate Memorial Day 2016, Hyundai is doubling their traditional military incentive and doubling the amount of weekends they are offering it. Eligible military service men and women (and their current spouses) can take advantage of the discount between May 20th and May 31st.

Not all bad credit is the same. There is Good-Bad credit and Bad-Bad credit. This can make all the difference with bad credit car buying.

Although there typically aren't many of them available, executive-driven program cars offer a third viable option for credit-challenged borrowers wishing to finance a used car. Buyers should be sure to verify this with a vehicle history report as well as have any vehicle they're considering buying inspected by an ASE Certified Master Mechanic as well as a frame specialist.

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.

When it comes to repairing car credit, in most cases an auto loan offered by a high-risk lender is the only choice for most consumers.