Archive for the ‘Used Auto Loans’ Category

Get a Used Car Auto Loan to Build Your Credit Score

Sunday, July 4th, 2010

A common predicament experienced by college students, recent graduates or newly employed is the lack of credit history. This makes it very difficult for them to get approved for an auto loan as the lender doesn’t know whether the borrower would be able to pay back the loan or not. Even if some lender trusts them with the finances, the interest rate charged would be so high that paying back the monthly installment might seem difficult. Read More…

Problems Faced by First Time Auto Loan Borrowers Part I

Friday, July 2nd, 2010

Nowadays, having a zero credit history is considered as bad for getting an auto loan as is a poor credit history. These circumstances are faced by most of the students who wish to finance their car or individuals who are just out of college. However, in the present market scenario, many dealerships are slashing their car rates and the cars which were once very expensive have become quite affordable now. This has even reduced the price of used cars and the first time borrowers should go for a used auto loan to ensure that the loan amount is less and is readily approved. However, there are some problems which might come up in these cases and some of these are mentioned in the following lines: Read More…

Used Car Auto Loans for Everyone

Sunday, June 13th, 2010

Used cars are as good as brand new cars. From my own personal opinion, I honestly find nothing wrong with you investing in a used car if you do not have the much-needed funds to finance the purchase of a new car that you can call your own. As a potential consumer of auto loans chances are that you might be unable to meet up with the requirement for securing approval for an auto loan to finance the purchase of a car that you can call your own. If this were the case, I would recommend that you should consider taking up a used car auto loan. Read More…