Posts Tagged ‘auto loan terms’

Understand the Pros and Cons of Auto loan Terms

Thursday, February 11th, 2010

You’ve found the car you want and have identified the source for your auto loan. The next and equally important decision is how long you want to take to pay it back. While your budget will play a significant role in your decision, it is prudent to consider the long term implications or repercussions the different repayment plans will have in your financial life. Both short term and long term loans have their pro and cons, so carefully balance them out and see which you favor. Read More…