The Complete Auto Financing Glossary
- Cory Lowe
- 12/20/2013
- Car Financing
Auto financing documents contain a lot of formal legal language that the average consumer is not familiar with. A basic understanding of the common auto financing terms will help you navigate car loan negotiations and keep you from signing ...
See How Easily You Can Save for a Car Down Payment
- Cory Lowe
- 12/17/2013
- Car Financing
A down payment is a percentage of an asking price you pay upfront toward a purchase. The average car down payment is no less than 5% of the car’s total cost, though it is recommended to put forth as much as you can afford on your budget. ...
5 Auto Loan Myths You Should Know
- Cory Lowe
- 12/13/2013
- Car Financing
The most common auto loan myths are based on seemingly logical assumptions consumers make due to a lack of information on the auto financing process. Auto credit myths are easy to dispel once you have all the correct knowledge and ...
What is Negative Equity and How Will it Affect Me?
- Cory Lowe
- 12/10/2013
- Car Financing
Negative equity means owing a lender more than an asset, like your car, is worth. While you are working on paying off your car loan, and ideally before you commit to the loan terms in the first place, you should understand how to avoid and ...
The Guide to Car Loan Credit Reports
- Cory Lowe
- 12/03/2013
- Car Financing
Your credit report is going to be checked by the dealership or outside lender when you apply for a car loan. Not only should you be prepared in terms of knowing your current credit rating, you should also have a grasp on how the credit ...
Refinancing Your Car Loan: Advantages vs. Disadvantages
- Cory Lowe
- 11/15/2013
- Car Financing
The choice to refinance your car loan can be beneficial to your immediate expenses, but you should understand both the advantages and risks before starting the process. Snap decisions about your finances are never a good idea, so consider ...
Benefits of Military Car Loans When Financing an Automobile
- Cory Lowe
- 11/12/2013
- Car Financing
Military personnel earn the privilege of discounts and other incentives from a number of major retail and financial companies. The car loan industry is no exception, and any active duty or retired member of the military should know the ...
Car Shopping Payment Options: Cash, Lease or Finance
- Cory Lowe
- 11/05/2013
- Car Financing
You have three payment options when buying a used car. Those options are cash, lease, and financing. Each option has its benefits and potential drawbacks, depending on your specific circumstances. The best way to know which car buying ...
Student Car Loans: How to Get Auto Financing While in School
- Cory Lowe
- 11/01/2013
- Car Financing
College students rely on vehicles for work, school, and other important aspects of life just as much as older and established consumers. However, unstable incomes and limited credit histories make it harder for some students to get ...
Questions to Ask Before an Auto Loan
- henry lee
- 10/29/2013
- Car Financing
An auto loan is a long-term financial commitment. Before signing an auto loan contract, make sure you fully understand what you are getting yourself into. The following questions should be asked before finalizing your car financing ...
