Posted by admin on August 20th, 2007 — Posted in Auto Loans
Good piece on car dealers – a little heads up sort of thing.
Dealers enjoy telling you that they’re looking out for your best interest; but they aren’t always sincere. Here are some things to watch for:
VIN etching. Your dealer might recommend having the car’s windshield etched to deter theft. Not a bad idea, but politely decline if he wants to charge you a premium for the service. You can buy a VIN etching kit online for $20 to $30.
Loan guaranty. Ignore any claim that your dealer makes about paying off your loan if you find yourself unable to meet that obligation. If you default and the dealer pays it off, you’ll end up owing money and fees to the dealer instead of to the bank. Either way, your credit rating will be shot.
Affordable payments. Some dealers will want to negotiate with you on the car loan payment, rather than on the price of the car. They might say that they’re trying to make it more affordable for you. But it’s more likely that they’re trying to confuse you into paying too much.
Bait and switch APR. You buy the car and take it home. A week later, you’re notified that, due to a problem with your loan approval, your interest rate and monthly payment are being increased. The bait-and-switch APR scam is one of the most frustrating tricks a dealer can pull. Avoid this by arranging for financing before you walk into the dealership. Check with your bank, credit union, and online lending sites for more information.
In this storyline, it isn’t the con artist who’s the clever one-it’s you. Keep an eye out for the warning signs and head for the door if you suspect someone’s trying to rip you off.
What’s another $1,500 when you’ve already agreed to pay $25,000? Some dealers like to strong-arm you into paying more by adding in fees after you’ve already agreed on a price. Here’s how they do it:
Dealer prep. Every dealer will try to charge you dealer prep costs. Your job is to know ahead of time what the standard costs are for that car by checking an Internet site, like Edmunds.com. Try to negotiate these as low as possible. And never pay more than another dealer would charge, or more than what’s listed on the sticker.
Extended warranty. It’s your decision to purchase or not purchase an extended warranty. Period.
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Posted by admin on August 3rd, 2007 — Posted in Auto Loans
Bad credit auto loans are hunted for online more than any other kind of bad credit loan. Due to the fact that owning a reliable vehicle is paramount many Americans need bad credit auto loans. If you or someone you know has ever experienced bad credit or bankruptcy you understand the frustration of trying to acquire reasonable financing.
As the creditors and lenders in the United States begin to compete even more aggressively they are opening doors for people with bad credit. We have been online for some time now and pride ourselves on providing solid information to our visitors.
Being a writer for www.auto-loan-4u.com has forced me to research bad credit auto loans online and contact banks via phone. I have implemented my own methodology sift through the online finance businesses one by one. What I found was a handful of time tested merchants who come across with the funds more than their competitors.
Key to us recommending the lender, (credibility given), is their web site has to have a quick and painless form to fill out. The shorter the better. I use a program called roboform for all my form filling tasks. Do a search on Google for Roboform and you’ll find it straight away.
Bad credit auto loans permeate the landscape of online finance but this does not mean off-line. Most borrowers look at their hometown bricks and mortar banks and car dealers first. If they can’t get help from these people then they hit the online world for their bad credit auto financing.
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Posted by admin on August 3rd, 2007 — Posted in Auto Loans
Bad credit auto loans are hunted for online more than any other kind of bad credit loan. Due to the fact that owning a reliable vehicle is paramount many Americans need bad credit auto loans. If you or someone you know has ever experienced bad credit or bankruptcy you understand the frustration of trying to acquire reasonable financing.
As the creditors and lenders in the United States begin to compete even more aggressively they are opening doors for people with bad credit. We have been online for some time now and pride ourselves on providing solid information to our visitors.
Being a writer for www.auto-loan-4u.com has forced me to research bad credit auto loans online and contact banks via phone. I have implemented my own methodology sift through the online finance businesses one by one. What I found was a handful of time tested merchants who come across with the funds more than their competitors.
Key to us recommending the lender, (credibility given), is their web site has to have a quick and painless form to fill out. The shorter the better. I use a program called roboform for all my form filling tasks. Do a search on Google for Roboform and you’ll find it straight away.
Bad credit auto loans permeate the landscape of online finance but this does not mean off-line. Most borrowers look at their hometown bricks and mortar banks and car dealers first. If they can’t get help from these people then they hit the online world for their bad credit auto financing.
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Posted by admin on July 13th, 2007 — Posted in Auto Loans
Read up Your Credit Report
Before you start applying for a car loan, treasurer’s check out your credit report and make sure all your accounts are in order. It is not especially after a bankruptcy to see open pay that should be closed, which hurt your credit rating.
While pregnant at your credit report, consider adding a page explaining the situation that convinced in your bankruptcy. If there were reducing circumstances, managers may approve you for a greater rate pharisaical under dull conditions.
Explain Your Situation
Car loan applications will ask if you have ever declared bankruptcy and why. This is your chance to explain what led up to the situation and what steps you have taken to resolve your credit situation. Be sure to incriminate improvements in your financial history too.
Plan Your Car Purchase
Before purchasing a vehicle, fix what you can afford in a pump car loan payment. This will help you decide which financing package is best for you. In a walk the loan amount and length of payments will determine your quarterly payments, so there is flexibility in determining which ministry you can afford to control.
Consider Refinancing
Once you are approved for a car loan, keep your eye on future refinancing. By making singular payments on all your bills, in a year’s time you could qualify for significantly lower interest rates. In par-three golf years, you can uncover your credit version to near excellent and qualify for even lower rates.
Use A Car Loan Lender
Car loan managers make their money by finding you a loan. Car loan capitalists work with several bankroll* partners to back loans with all kinds of credit risk, including bankruptcies.
Online publishing car loan lenders perform with mountain* of loans, and can usually complain you a better deliver than your discriminative car dealerships. Online publishing car loan lenders will send you a check when you are approved, basically making you a pre-approved car loan buyer.
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Posted by admin on July 12th, 2007 — Posted in Auto Loans
Read up Your Credit Report
Before you start applying for a car loan, treasurer’s check out your credit report and make sure all your accounts are in order. It is not especially after a bankruptcy to see open pay that should be closed, which hurt your credit rating.
While pregnant at your credit report, consider adding a page explaining the situation that convinced in your bankruptcy. If there were reducing circumstances, managers may approve you for a greater rate pharisaical under dull conditions.
Explain Your Situation
Car loan applications will ask if you have ever declared bankruptcy and why. This is your chance to explain what led up to the situation and what steps you have taken to resolve your credit situation. Be sure to incriminate improvements in your financial history too.
Plan Your Car Purchase
Before purchasing a vehicle, fix what you can afford in a pump car loan payment. This will help you decide which financing package is best for you. In a walk the loan amount and length of payments will determine your quarterly payments, so there is flexibility in determining which ministry you can afford to control.
Consider Refinancing
Once you are approved for a car loan, keep your eye on future refinancing. By making singular payments on all your bills, in a year’s time you could qualify for significantly lower interest rates. In par-three golf years, you can uncover your credit version to near excellent and qualify for even lower rates.
Use A Car Loan Lender
Car loan managers make their money by finding you a loan. Car loan capitalists work with several bankroll* partners to back loans with all kinds of credit risk, including bankruptcies.
Online publishing car loan lenders perform with mountain* of loans, and can usually complain you a better deliver than your discriminative car dealerships. Online publishing car loan lenders will send you a check when you are approved, basically making you a pre-approved car loan buyer.
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Posted by admin on June 14th, 2007 — Posted in Auto Loans
Finding auto loans for people with bad credit is practically an art form. What I mean is that, times change. Practises and policies of US finance companies change like the wind and you need a crystal ball if you want to be on your game…….if you ever want to find REASONABLE auto loans for people with bad credit.
I have found a website that came as a life-saver to say the least. Not only can they find you the loan you need, they can keep the interest rates still reasonable. Quite a feat, if I don’t say to myself. 
One of the common issues when finding auto loans for people with bad credit, is the constant need to be up to date. As I mentioned above, the ongoing task for me is to make sure the links I provide go to finance companies (and brokers) that are constantly at the industry edge.
I have found a few online sites that are invaluable in this matter. Right now we are featuring a broker style site that charges a very small fee and they find the best interest rates on auto loans for people with bad credit.
I encourage you to apply through this site. There is no middle man cost to my visitors. As in zero, nota, nill, zilch, none. That is worth repeating. No middle man cost if you apply for an auto loan here.
I pride myself on providing the most reasonable, hassle free finance companies and their user friendly websites, that deliver auto loans for people with bad credit. Times have changed in a biq way since the days of the sweaty meeting with the intimidating banker. You can apply online now and get an answer back in just minutes.
I have used many resources in tracking down (and keeping track) of resources regarding auto loans for people with bad credit. You may want to click to our home page and bookmark this site for future reference. Many visitors like to surf around for awhile, before they make a decision on the best place to get their auto loan.
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Posted by admin on June 5th, 2007 — Posted in Auto Loans
Car loans have been applied for and approved in record numbers every year since 1997. Statistics have shown that online car or truck financing has more than doubled every year between 1997 and 2007.
Staggering numbers the banks to contend with as they all run for the nearest hosting company. Whether or not you have a bad credit rating or a good credit rating getting your car loan online can have many advantages.
I will briefly list off these financing advantages on this page but if you are visiting only to research interest rates - click here to see our directory of car loan merchants.
Advantage number one: when getting your car loan online is convenience. Instead of taking up a good chunk of your day driving down to your local bank you can simply browse the Internet in the comfort of your own home. You can see a variety of different interest rates and financing options for your car loan in just minutes. You can apply for your loan in just seconds and many online finance companies will give the thumbs up or down in 10-15 minutes. So time is a factor that has to be emphasized when discussing an online car loan.
Advantage number two: when getting your car loan online is rapid comparison shopping. Imagine driving to twenty different banks in your state and setting up appointments with twenty different loan officers. Imagine how long all of that would take. You can easily go online and click on twenty different money lenders web sites in just half an hour. The gravity of this can’t be overstated.
The Internet has revolutionized how we comparison shop for our car financing. In the past we were at the mercy of our local banker. What ever that bank or banker decided we could handle in the way of debt dictated our future. Not anymore folks. The traditional banks are now scrambling to compete with the new world of online car and truck financing. This brings us to my next advantage of online car financing.
Advantage number three: is increased financial competition. Yep…the traditional banks are running around like chickens with their heads cut off trying to compete with the savvy new online financing companies. It looks good on ‘em don’t you agree. Now…..what this has created is competition like they never had before.
Now they have to offer reasonable interest rates at reasonable terms or they will be discarded at the click of a mouse. I believe that as time marches on the financial institutions that resist online car financing will be long gone out of business.
I’m not talking about banks simply having a web site up showing their interest rates and terms. I’m talking about online banks that approve loans in minutes. Now THAT is what people want.
Advantage number four: is pin pointing your car loan. For instance - if you temporarily have bad credit and you know that your interest rate and terms will be inflated to your disadvantage you can use the Internet to search for only banks and dealerships competing in bad credit car financing.
Due to advantage number three (competition) the bad credit lenders are throw into the fray with their pitch as well. The Internet is the great equalizer when it comes to fair car financing. Simply type in to Google or Yahoo the phrase bad credit car loans and you will see hundreds of thousands of web sites offering car financing to bad credit applicants.
I’ve watched over the last two years as these lenders loosen their criteria and offer car loans to bad credit applicants with interest rates and terms that are much more reasonable than in the past.
Semi-Related Video….BMW Concept Car
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Posted by admin on May 24th, 2007 — Posted in Auto Loans
Auto financing after bankruptcy can be a nasty proposition and the founders of this site have invested alot of time, money and energy researching the options left for people in this situation. The normal channels used for getting an automobile are not going to work. When it comes to auto finance after you go bankrupt your best bet is to find a good online financial broker. Someone who will get finance companies bidding on your business. This will ensure you get the lowest interest rate possible.
Without a qualified outfit hunting down the best interest rate possible you will be seeing some very ugly numbers thrown your way. Luckily in the last few years there has been a large . Bankruptcy statistics have proven most people pay back their loans and don’t default if they have gone bankrupt. The financing companies really win because they have an excuse to crank up the interest rate and at the same time get loyal and solid borrowers. For the few clients that fail to make payments the vast majority make up for it.
As long as these new trends continue for borrowers who have been through a bankruptcy, the automobile dealerships will be busy moving vehicles off their lots. Great for the economy. Great the bank, the borrower and the dealerships. My only advice to the visitors looking for auto loans is to keep the payments low by any means necessary. Use this new opportunity to built your credit back AND drive your new car. A true win win situation if you play your cards right. I know from personal experience how difficult it can be to rebuild good credit. When you get a new chance to start over it’s worth making every move to secure it.
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Posted by admin on September 6th, 2006 — Posted in Auto Loans
Auto loan rates can vary, now more than ever, as finance companies vow to compete with each other in a serious fashion. Of course as auto loan rates stay good a low, we the consumer can enjoy keeping more of our cash in our pockets than the banks. You want to stay away from dealership auto loans as they will simply include the interest you save on the sticker price. It’s one the oldest trick in the book. They claim to low auto loan rates, even “zero percent financing”, but the cost is already in the sticker price.
Make sure you get your auto loan rates approved by our daily top pick lender. Have your financing in place and tell the dealership you want to buy the car for cash. Tell them you don’t want their auto loan rates and that you want to know the sticker price “without” their finance costs included. If they don’t come down in their price by a considerable amount……walk.
Auto loan rates are of course affected by the state of the economy and the present people in power, but I think it is safe to say, that as long as inflation is under control, the interest auto loan rates will hover about where they are now. Please take a serious look at our recommended lenders by clicking the “auto loan” button at the top of this page. You can not only find the best auto loan rates, but you can find the lowest boat loan rates, rv loan rates, motorcycle loan rates, car and truck loan rates.
You have a bad credit rating and are having trouble getting fair auto loan rates, use our bad credit auto loan links to be sure of getting a the treatment you deserve. Sometimes bad luck rears it’s ugly head. Like marrying the wrong person, getting ill, or being laid off. It’s nothing to be ashamed of, (even if some pond scum tells you it is) and the lenders we have chosen to associate with are fair. We made sure of it. If you have been turned down many times before, just try our links and you will be pleasantly surprised. If, for some reason you don’t get approved for a good auto loan rate, please contact us by email so we can consider pulling that lender from our site.
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