While the higher interest rates charged by subprime auto lenders means this kind of auto loan will be more expensive, you can still cut down on the interest charges you'll pay.
Continue ReadingWhile the higher interest rates charged by subprime auto lenders means this kind of auto loan will be more expensive, you can still cut down on the interest charges you'll pay.
Continue ReadingOnce you know for sure that you have issues with your credit, it's important that you explore all your financing options to see which one makes the most sense for your current situation.
Continue ReadingIf you have no credit and need to finance a car purchase, having a cosigner can help you get approved for the loan. But what can you do when you don't have that additional support?
Continue ReadingHaving a cosigner can improve your loan approval chances, but if you either don't have a cosigner or wish to avoid using one, there are other actions that you can take to ensure your success in acquiring auto loan financing. If you have time to improve your credit before buying the car, this will be beneficial both now and in the long term.
Continue ReadingThough they may have some flaws that show up on their credit reports, even these consumers, in most cases, owe it to themselves to check out their local bank or credit union before going the indirect lending route.
Continue ReadingPoor credit car loans should be used to finance a compact or midsize car to save on interest, car insurance and gas expenses. Financing for the shortest term possible means you'll be in a position to re-finance or purchase a different vehicle at a lower interest rate sooner. Because of this, most credit-challenged consumers will pick an affordable used car. But there is another option - an inexpensive new car.
Continue ReadingPage 11 of 11
Get the latest credit tips, resources and advice delivered straight to your inbox.