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How do auto loans work?

You’ve saved up enough money for a down payment, all you need now is an auto loan. But how do auto loans work? Before you...

You’ve saved up enough money for a down payment, all y...

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Types of Auto Loans – Why & How to Get One

There are many types of auto loans out there. But, which auto loan type is right for you? Read through this quick guide to learn...

There are many types of auto loans out there. But, which aut...

When is an auto loan too old to be collected?Post

When is an auto loan too old to be collected?

If you’ve ever taken out a loan on a car and later realized you would not be able to make the proper payments, you were...

If you’ve ever taken out a loan on a car and later realize...

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Do auto loans require a down payment?

All auto loans do not require a down payment, but this allowance has not always been the standard. In the past, car dealerships and lending...

All auto loans do not require a down payment, but this allow...

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What is interest padding?

Interest padding is the act of unethically increasing the interest rate on auto loans beyond what the borrower is really qualified for. Lenders “pad” interest...

Interest padding is the act of unethically increasing the in...

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Can I stop repossession if I default on a car loan?

Borrowers can attempt to stop their cars from being repossessed if they default on a vehicle loan. Recent car loan news stories have discussed the...

Borrowers can attempt to stop their cars from being reposses...

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What are auto loan prepayment penalties?

Auto loan prepayment penalties are essentially financial punishments intended to dissuade borrowers from paying off their debt too early, which effectively robs lenders of interest...

Auto loan prepayment penalties are essentially financial pun...

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The Difference between Car and Motorcycle Loans

Motorcycle loans are different from car loans due to how lenders view them as an investment. Risk plays a huge role in this difference, as...

Motorcycle loans are different from car loans due to how len...

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What are indirect auto loans?

Indirect auto loans are loans that are sold by auto dealers to third parties like banks or other types of lenders. Buyers of indirect auto...

Indirect auto loans are loans that are sold by auto dealers ...

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Auto Dealers are Sexist

Women have been fighting for equal rights since mankind’s earliest years. The civil rights movement played a huge part in empowering women, and propelling them...

Women have been fighting for equal rights since mankind’s ...

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Ways to Work: Auto Loans for Low-Income Families

It is painfully clear that purchasing and maintaining a family vehicle has become an expensive pursuit, and it can seem daunting to figure out how...

It is painfully clear that purchasing and maintaining a fami...

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What is the auto loan scam called dealer reserves?

Dealer reserves are the kickbacks that auto dealerships receive from banks for originating auto loans. When auto dealers get a buyer to finance a vehicle...

Dealer reserves are the kickbacks that auto dealerships rece...

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What happens if I miss a payment on my car loan?

There are countless reasons why a borrower may miss a payment on a car loan: a lost job, a month where bills just seemed to...

There are countless reasons why a borrower may miss a paymen...

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Bad Credit Car Loans

In this poor job market, finding and keeping a job is of the utmost importance. Given the fact that many cities and suburbs lack of...

In this poor job market, finding and keeping a job is of the...

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