Over the past few years, there has been a significant shift in the automotive industry. The age-old reliance on traditional means of transacting business, including the conventional practice of going to a car dealership to make purchases, is gradually receding into the background. The reason for this shift isn’t far-fetched – the industry is beginning
If you’re planning on financing a used car, it’s important to take the time to find the right used car loan. In fact, experts recommend shopping around for the best deal on a car loan just like you shop around for the best deal on the car itself. You need to consider a number of
No one ever plans on being unemployed, but getting laid off or terminated can happen when you least expect it. If you’re in this situation, you may need to rely on unemployment benefits to make ends meet while you look for a new job. But finding a new job–especially when it comes to traveling to
About 85% of new car purchases in the U.S. are financed, so if you’re thinking about taking out an auto loan, you’re not alone. Shopping for the right car loan is just as important as shopping for the right car. There are many factors you may want to consider when comparing different loans, including the
Buying a used car is an exciting experience. During the car buying process, you will need to make a number of important decisions. For instance, you will need to decide what type of vehicle you want, where to buy it from, how much you want to spend, and of course, how you will finance it.
There are a number of benefits to buying a used car instead of a new one. For example, used cars are typically more affordable than used cars, so you may be able to save a significant amount of cash. But even though a used car comes with a smaller price tag, you may still need
In the past, getting a car loan wasn’t easy. You used to have to schedule an in-person meeting with a lender to apply for a car loan. Then, you were required to fill out pages and pages of paperwork to submit an application. The entire process–from application to approval–often took weeks to complete. Fortunately, those
A credit bureau, also known as a credit reporting agency, is an organization that gathers consumers’ credit information and uses it to create credit reports. Lenders, employers, landlords, and other parties can pay credit bureaus to access this information, which they use to make important decisions. For example, a lender may need to access an
If you’re ready to purchase a new car, one of the first things you need to figure out is what to do with your current vehicle. There are two main options. You can either sell it to a private party or trade it in at a dealership. There are pros and cons to both, but
Buying a new or used car is a major financial commitment, which is why most people spend days, weeks, or even months researching their options before making a purchase decision. However, many people fail to take the time to research their auto loan options before buying a vehicle. Don’t make this mistake. All auto loans–and
If you are thinking about getting an auto loan, the first thing you will need to decide is where you want to apply. It’s important to explore all of your options, including online lenders. But unfortunately, there are a number of misconceptions out there about online auto loans. Before you choose a lender, make sure