The rates and terms of car loans for local buyers and car loans from local auto lenders will be primarily determined by your credit. It’s important to pull your credit report from all three bureaus before even applying for auto financing. The more aware you are of your own credit and what your options are, the smaller the chance of getting overcharged will be. If you walk into a lender or a dealership without knowing anything about the process, it’s usually written all over your face. With such a lack of knowledge and information, you can end up paying way too much.
Wednesday, May 11, 2011
Monday, May 2, 2011
Approval for Auto Finance
What most people don’t realize is that in order to qualify for no money down car loans you need to have good credit. Subprime auto finance lenders are taking a risk by extending a line of credit to anyone with credit problems.
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