Posts Tagged ‘auto loan payments’

What You Should Bring to the Table in Bad Credit Auto Financing

Saturday, March 12th, 2011

Most borrowers find that their monthly installments can become a pain. Often they are very high, and noone likes expensive bills. High monthly payments and high interest rates mean that more and more people are beginning to default on their monthly bills. To escape from these bad credit terms, many people look to refinancing to set their payment plans straight. The largest hurdle to refinancing can be the lender’s requirements. You can’t just refinance in the blink of an eye, so you’ll need to understand the following requirements to refinance your auto loan payments. Read More…

What Cars Do Auto Loan Companies Approve Of?

Sunday, January 16th, 2011

Many people do not know this but the car you want to purchase has an effect on your approval. The reason behind this is simple and is really dependent on the type of credit you have and how much you make. As a general rule there is no restriction on the car you want to purchase, however lenders like to check how much you are earning and what your credit is like to see if in fact you can afford the car. It has been generally observed that people try to purchase the most expensive car they can but they may fail to make payments. By checking if or not people can afford they car they want to purchase auto loan companies try to minimize the risk they are taking. Read More…