Locating someone other than a tote the note dealer that offers horrible credit auto loans to people with bad credit Your questions If you’re a credit-challenged consumer there’s a good chance you’ll have a problem finding a dealer that can offer you a problem credit auto loan. We understand because we’ve been involved in bad [...]
How much is your 5-year-old’s auto loan? Identity thieves are increasingly targeting young children, reported the Baltimore Sun on May 29. Thieves are using minors’ stolen details, including Social Security numbers, to open accounts for credit cards, mortgages and auto loans. Things have gotten so bad that the Federal Trade Commission (FTC) and the [...]
Here are five simple steps that could help you get a better deal on your auto loans. 1. Find out what your credit report says The interest rates that are offered on auto loans are closely linked to borrowers’ credit reports and credit scores. The worse your report, and the lower your score, the [...]
Last week, this blog (Poor credit auto loans are within reach) reported on research that suggested that lenders are approving more auto loans for people with poor credit. On Thursday, Experian, one of the nation’s big-three credit bureaus, published a new survey that confirmed the trend. Auto loans for prime and subprime borrowers People [...]
Cheap auto loans at their cheapest Those buying cars last month had access to auto loans with the lowest annual percentage rates (APRs) on record, according to data published January 20 by Edmunds.com, a provider of automotive information. The average APR was 4.15 percent, down 0.55 points on the same month in 2009, and [...]
Since the recent decline in the economy more and more companies seem to be willing to provide auto loans to people with bad credit. Plenty of businesses among them try to take unsuspecting people and convince them to take a deal with impossible interest rates. People with even a bit of knowledge can easily tell [...]
People keep needing cars the whole year long, even those without a job. Though getting auto loans is relatively hard and problematic when unemployed, most of the people think it is just impossible and as long as they don’t try there is no chance of them finding out if they can actually get auto loans. [...]