Auto Loan Credit Report
There is an auto loan specific credit report that looks at different factors than a normal credit report. This report is only available to car dealers and lending agencies giving auto loans. Because of...
View ArticleDenied a Car Loan?
If your application for an auto loan is denied because of your credit score, you have the right to obtain a copy of your credit report for free from whichever agency issued it. Check the report for...
View ArticlePre-Payment Penalties on Car Loans
Sometimes lending agencies will penalize you for paying off a loan early. Because of this, it might not be worth it to put extra money toward the principal of your loan. Make sure you know whether...
View ArticleGet Your Auto Loan Quotes All at Once
When you’re shopping for a car loan, try to get all of your loan quotes in a one to two week period. If several credit checks are ordered in a short period of time, your credit score will only reflect...
View ArticleBuild a Relationship With a Lender and You’ll Get Better Car Loan Interest Rates
Lenders are more likely to give a car loan to a buyer who they have a relationship with. If you’ve had a car loan in the past and made your payments on time, that lender knows that you’re a...
View ArticleSettling Old Debts? Always Pay For Deletion
If you’ve had credit problems in the past, you might want to get your credit score up before applying for a car loan. If you’ve had a debt forwarded to a collections agency, there is still a chance to...
View ArticleHow Soon Can You Refinance Your Car Loan?
Wait three to six months after buying your car to look into refinancing your auto loan. The more payments you make, the better your credit will be when you apply for a refinance car loan. Refinancing...
View ArticleRefinancing an Auto Loan Helps Improve Credit
When you refinance your car loan, it helps your credit. The new lender pays off your current loan in full. This shows up on your credit report as a loan paid off, on time in full. Even though you will...
View ArticleHigh Credit Score Not Required to Refinance
Even if you don’t have a prime credit score (700 and above), you can still qualify for a refinance car loan. There are sub-prime and specialty lenders who can refinance car loans for consumers who...
View ArticleTrim Monthly Expenses by Refinancing Your Car Loan
If you need to cut some of your monthly expenses or if you had bad credit when you bought your car, look into refinancing your car loan. It takes a few minutes to apply online, and you’ll get a...
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