Auto Finance

What you will need to know about financing a vehicle purchase

Tax refund car purchase
March 24, 2020

Tax deadline, car shopping delayed by Coronavirus?

Tax refunds are arriving. And that means many Americans may be looking for a new or used vehicle on which to spend the money they get back from Uncle Sam. Of course, due to the Coronavirus outbreak, the tax deadline…

Couple working on a laptop computer
February 21, 2020

How to shop smarter, smooth out financing for your next car

Shopping for the right vehicle isn’t always easy. Neither is knowing how to shop smarter and smooth out financing for your purchase. But you don’t have to go it alone this (or the next) time around because of the free…

What is a simple-interest contract in auto financing?
February 17, 2020

What is a simple-interest contract in auto financing?

Just because auto financing involves simple-interest contracts doesn’t mean everyone understands them. Asking the question “What is a simple-interest contract?” is not unusual. And as a large auto lender with several million customers, Santander Consumer USA knows that many borrowers…

What you need to know about credit when financing a vehicle
January 29, 2020

What you need to know about credit when financing a vehicle

It should be no surprise. What you need to know about credit when financing a vehicle is that lenders generally provide more financing to borrowers with higher credit scores. Almost half the money loaned goes to so-called super-prime borrowers –…