auto financing questions and answers

 

How To Save Money With Bad Credit Auto Financing ? People with bad credit can either apply for financing at a dealer or apply for a tote the note loan.
How Does Bad Credit Auto Financing Differ From Regular Auto Loans? If an individual has poor credit, lenders consider him or her a higher risk. Therefore, the interest rate on bad credit loans is usually much higher than on traditional financing.
Where Is The Best Place To Find Car Financing If You Have Bad Credit? Auto credit centers are able to match most poor credit car shoppers with dealers that specialize in financing for these individuals
What Are The Real Costs Of Bad Credit Auto Financing? Lenders usually require that car owners carry full coverage for financed vehicles, which involves additional cost for comprehensive and collision…
What Are Sign And Drive Loans? It often deals with bad situations like multiple repossessions outside of bankruptcy, multiple bankruptcies, bad check history…
How do I buy a car if my credit is bad? The fact is, disposable income plays a large role in the decision-making process and this can…
What Do I Do If I Have Bad Credit And Want To Refinance An Auto Loan? Cars depreciate so rapidly that someone who finances a car for longer than five years may be in this position…
How Do I Obtain Car Financing Following Bankruptcy? Having this dismissal on the credit report often results in being rejected for car financing, even with a bad…
How Do I Reduce The Rate On A Subprime Car Loan? Someone considered a prime candidate for a subprime car loan usually has experienced certain situations…
Can Online Car Buying Result In Fraud? When purchasing a vehicle online, carefully check the Vehicle Identification Number (VIN)…
Can You Combine A Secured Credit Card With Bad Credit Auto Financing To Improve Credit Rating? Individuals show even more financial savvy when they combine their poor credit auto loan with a credit card…
How Do I Get A New Car When MyCredit Is Poor? Lenders specializing in bad credit auto financing usually offer better interest rates and longer repayment terms for new cars…
How Do I Identify A Bad Car Loan? Lenders usually enter agreements with car dealers, agreeing to a low buy rate that the dealer may increase at its discretion…
Know any good ways to get car finance when credit is bad? An individual with bad credit may have trouble even getting approved for a car loan…
Common Automobile Credit Related Myths? A smart approach to the situation is to gather older, reliable, used cars and provide them to people with low incomes who need to get to and from work…
Can you please tell me some ways to save on bad credit auto financing? Though bad credit borrowers face higher interest rates, there are still ways for you to save money…
How Does Negative Car History Impacts Bad Credit Auto Financing? With a used car, there is a chance that the history is different than the seller states. The title may only be clean because…
How Do I Select The Right Vehicle With Bad Credit Auto Financing? Lenders offering bad credit auto financing charge higher interest rates than are typical for standard car loans…
Are Buy Here Pay Here Car Dealerships A Good Idea? Buy here, pay here dealerships charge interest rates that are nearly double or triple the national average…
Is credit score important with bad credit auto loans? Consumers should review their credit report each year and have any errors corrected. To avoid any missed or late payments…

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Brenda November 15, 2011 at 3:21 am

I am in desperate need of advice on my car loan. I purchased a vehicle from a small used dealership ( buy here pay here) in my small town. I have been paying on it 6 yrs and when I add it up, I have it paid off But the owner says I still owe ( get this) $5000… It was 18900 to start with 3000 down and I put another 2500 down so I would have lower payments, BUT we realized 2 yrs ago he just put the 2500 in as a payment. According to our contract, we Are paid off. Help!! Thank you for your time, Brenda

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