What you will need to know about financing a vehicle purchase
Nobody’s credit is perfect. Well, almost nobody’s. If you are even close to the top FICO score of 850, you probably don’t have to worry much about whether you can get a car loan, how much you can borrow or…
You could be paying hundreds to several thousand dollars more per year in interest on your auto financing for the bumps and bruises reflected in your credit score. And the bigger the bruises, the more you pay for lenders’ perceptions…
Subprime auto lending is not a bubble in danger of bursting like the subprime mortgage lending bubble that set off The Great Recession, despite predictions to the contrary, said a white paper by one of the Big Three credit bureaus….
More Americans owed more money on their vehicles than ever before – more than $902 billion almost midway through 2014 – but fewer are delinquent in making their payments, reports Equifax, the consumer data collection company. That total represents an…
Buying a new car with bad credit isn’t the easiest thing you’ll ever do. Then, again, it’s not impossible, either. “It’s possible to buy a new car with bad credit if you know where to look and how to prepare,” says Edmunds.com…
Americans love their cars – apparently even more than staying out of debt. Nearly 25 percent of all new vehicle loans originated in the first quarter of 2014 were for terms of six to seven years, according to Experian Automotive,…