What to Know When Buying a Car out of State
Last Updated October 22, 2018Imagine returning home from a business trip in a different state and you happen to pass by a dealership with excellent cars. You decide to step in and the prices are so affordable that you can’t fight the urge to buy your dream SUV. Can you buy a car in another state? Yes, it’s legal. […]
What’s a Rebuilt Title…Should You Buy or Avoid Them?
Last Updated November 28, 2019Have you ever spotted a sign that says, rebuilt title cars for sale, and wondered what that means? It refers to a car that’s restored after losing more than 50% of its value in an accident. Falling objects, adverse weather, and riots also fall in the same list as accidents. However, each federal state has […]
Can You Buy a New Car With a Credit Card?
Last Updated December 17, 2019Can you buy a new car with a credit card? Some auto mobile dealers allow buyers to make partial payments with their credit up to a certain limit. For instance, you could pay your initial $7,000 via credit. Let’s look at the bigger picture, shall we? Is it a Good Idea to Buy a Car […]
Private Party Auto Loan
Last Updated January 2, 2021A private party auto loan occurs when a lender gives you money to buy a car directly from an owner. Also, it has lower interest rates and is less expensive than a personal loan. The vehicle will serve as collateral, and if approved, the lender will pay the seller or lienholder the amount owed. How […]
Car Loans for Unemployed Smackdown!
Last Updated March 25, 2019While it may not be easy to get approved for a financing without a job, there are ways of getting car loans for the unemployed. All you need to do is show lenders that you are capable of making the car loan repayments. Having a car while unemployed is essential as you are more guaranteed […]
Should I Buy a New or Used Car?
Last Updated November 5, 2019Should I buy a new or used car? Many vehicle enthusiasts struggle with this question. Before you start window shopping, you should understand that there are pros and cons regardless of your choice. While new cars are more costly, chances are that you’ll get what you’re looking for.Let’s look at new vs used cars. New […]
Is Getting a Secured Car Loan Hard?
Last Updated December 10, 2018A secured car loan is whereby a buyer pays a down payment and hands over an asset in order to obtain financing for his or her new car. Unlike a typical auto loan where the dealership or credit lender holds a lien, secured auto loans allow creditors to hold on to houses, stocks, and title […]
How to Save Money for Your First Car
Last Updated July 5, 2018Are you wondering How to Save Money for Your First Car? There are several advantages to paying cash for a brand new or used motor vehicle. A cash purchase transfers vehicle ownership to you on the spot. An auto loan buyer has to pay up all installments in order to receive their car’s log book. […]
Should I Finance a Car or Pay Cash?
Last Updated July 15, 2018Should I Finance a Car or Pay Cash? Perhaps you’ve wrestled with this question numerous times while saving up to buy a car. Some people fear auto loans because they don’t understand how interest rates and credit scores work. On the other hand, some car buyers feel that cash purchases only favor people earning hundreds […]
Common Auto Loan Eligibility Requirements
Last Updated August 1, 2018Are you excited about getting a car loan? If this is your first time buying a car using credit financing, this is your lucky day because you’ll learn the Common Auto Loan Eligibility Requirements. Banks, car dealerships, and credit unions need this information because it enables them to detect fraudsters attempting to buy cars using […]
Applying for an Auto Loan after Bankruptcy
Last Updated July 26, 2018Do you feel reluctant about getting a new car because you’ve heard about how Applying for an Auto Loan after Bankruptcy can be such an uphill struggle? Truth is, you can actually get a decent Auto Loan from legal creditors. All you need to know is the correct procedure for Financing a car after bankruptcy. […]
Can a Car Loan be Transferred to Someone Else?
Last Updated June 28, 2018Can a Car Loan be Transferred to Someone Else? Fortunately, some auto loan lenders allow it. Sometimes, you find yourself in a nasty financial storm such as divorce and it severely affects your income. If you don’t want to seek car refinancing, then transferring your car loan to a friend or relative can help you […]
What is a Lien on a Car?
Last Updated October 10, 2018Are you about to purchase a car but the owner told you that it has a lien? It’s a right that the government gives to a creditor to assume ownership of a debtor’s collateral asset. In short, the government gives your bank or credit lender permission to repossess your car when you default. A lien […]
How to Trade in a Car With a Loan Balance
Last Updated December 5, 2019Can I trade in a car with a loan balance? Yes, you can. Dealerships do this every day because your former lender still gets their full amount on time. Let’s look at what this process involves and whether you should do it or just retain your current financing plan. How soon can you trade in […]
Can You Buy a Car without a License?
Last Updated October 31, 2018Do you need a license to buy a car? No, you don’t. In fact, you can do it legally at a dealership or a private sale. You can also apply for regular financing for either a new or used vehicle. Tip: How to Get Car Loans for People with Bad Credit Fast & Secure 1. How […]