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CAR LOAN RATES » Auto Loan News

Posted in Auto Loan Refinance, Auto Loans

Like many Americans, you swore that this is the year that you take charge of your finances and not have debt control your life anymore. After taking the time to build a solid budget for yourself, you decided to take further steps in figuring out how to control your monthly expenditures. Your auto loan keeps drawing your attention and you are contemplating if refinancing the debt would make sense based on your situation.

There are some simple questions you can ask yourself to help properly establish the guidelines for which you may consider refinancing your auto loan. One such query you should address is the current total car value versus the amount of debt still owed on the loan. If you find that your car is worth less than the amount due on the car loan, you are currently upside-down on the expenses and refinancing would make sense.

Refinancing would also make sense if the interest rates dropped significantly since the time you originally secured your original auto loan. If you find that you are now qualified to get a auto loan refinancing rate that is at least 1 full percentage point lower than your original interest rate, crunch the numbers to find the savings difference and do it.

***Are you struggling to maintain your monthly payments? By securing an auto loan refinance you can readjust your entire payment strategy to ensure that you can continue to pay off your debt in a timely fashion. When utilizing this strategy it is important to take steps to ensure that you are not upside-down in your loan so you don't have to repeat the process in the future.***


Posted in Auto Loans

Nowadays, finding resources for auto loan quotes is easier than ever because so many of them are located online. In many instances, your search for great options begins and ends at typing in a few keywords in search engines. However, there's nothing like receiving a little assistance to make the process run smoother. So let's take a look ata few resources that could get you on the right track to finding reliable and affordable auto loan quotes.

Auto Loan Education Sites

Did you know that there are numerous education sites available that specialize in teaching the ins and outs of auto financing? For instance, if you're looking for ways to avoid car-loan rip-offs, there are sites out there to help. Also, if you're in need ofways to get your credit on the right track, you could visit sites dedicated to helping you obtain free credit reports, build good credit, and essentially lower your finance rate for the car you want.

Auto Research Sites

If you really want to know whether you're being treated fairly when searching for auto loan quotes then it's good to stop by some auto research sites. For instance, in the past you could find a copy of the Kelley Blue Book for autovalues- which you can still locate online. However, there are other great resources to take advantage of as well, including ways to obtain loan rates for new and used cars.

Car Blogs

Searching various auto blogs can provide you with valuable inside information from experts and consumers regarding auto loan quotes. Whether you're gaining great insight from a reputable professional or acquiring personal experiences from a person who's lived it, by visiting blogs you can acquire a wealth of knowledge on financing cars.

All-in-One Sites

Another great resourceto find auto loan quotes in one convenient location is the all-in-one site that allows you to comparison-shop with more than one lender at a time. This way, you can have an idea of basic rates being offered for new and used cars as you determine whether you'd like to work with a lender or dealership for your auto purchase.

Financing a car is a big deal; something you definitely don't want to take for granted. So take time to utilize all of the great auto loan quotes resources available online to help you make the most informed decision possible for your auto purchase.


Posted in Auto Loans, Economy, Financial News

Many auto dealers and consumers alike are relieved to learn that President Obama has signed into law a measure that triples the budget of the $1 billion "Cash for Clunkers" program .Originally set to run out of funds on Friday, the new budget will extend the program into Labor Day weekend, and...



Read Full Article: President Obama Gives 'Cash for Clunkers' Program an Extension

Posted in Auto Loans

The first step to getting lower auto loan quotes is making sure your credit history is solid and well into the 700 range . The higher your FICO score, the less money you will be charged by lenders to borrow money. So working diligently on your credit report is the first step to getting lower auto...



Read Full Article: How to Get Lower Auto Loan Quotes

Posted in Auto Loans, New Car Loans, Rates

Schools First Federal Credit Union has just dropped their auto loan rates from 4.75% APR to 3.99% APR . This is a great auto loan rate offer, especially when the government is giving away money on the "CASH FOR CLUNKERS" program and many auto dealers are still offering the $1,500 rebate. Anyone...



Read Full Article: Auto Loan Rates as Low as 3.99% APR at Schools First FCU

Posted in Auto Loans, Bad Credit Auto Loans

Committing to a car loan may not seem like a huge task, but it's actually a major responsibility, which is why you should consider what it entails before taking this big step. To help you more clearly determine what type of auto loan is right for you, let's look at some pointers to consider...



Read Full Article: Before Committing to a Car Loan

Posted in Auto Loans

When interest rates are climbing, it probably seems impossible to get any type of good rate - especially when financing an auto loan. But it's not. If you take advantage of a few great tips, you might just find that you're the only one with low rates in the midst of a high-rate storm.

Try Low...



Read Full Article: How to Get Great Auto Interest Rates in Any Economic Climate

Posted in Auto Loans

The internet was an amazing invention. Consumers pressed for time can quickly find the information they need for nearly everything. Medical advice, discount designer clothing, news andauto loan quotes are just a few of the varied options for "surfers" to explore.

If you get an unsolicited email...



Read Full Article: Should You Trust Online Auto Loan Quotes?

Posted in Auto Loans, New Car Loans

In an effort to draw in new customers, Chrysler has decided to offer its own "cash for clunkers" incentive by matching the government's Car Allowance Rebate System (C.A.R.S) program. Chrysler's deal will either match the $4,500 offered by CARS, or offer 6 years of interest-free financing. That...



Read Full Article: Chrysler Has Its Own Cash for Clunkers Offer

Posted in Auto Loans

If you are a first time car buyer, chances are you're going to need to borrow money in the form of an auto loan to finance the purchase .

The act of securing the funds requires you to find a lender willing to loan the money at a reasonable rate of interest. Before signing on the dotted line, you...



Read Full Article: Auto Loan Quotes for Beginners

Car Loan Information

Types of Car Loans

Before you begin shopping for a car, it is important to know what auto financing qualifications you meet. Typically, auto loan rates are calculated based on the type of car you want to buy and your credit history. Additionally, you can get financing directly from a bank or have the dealer finance your auto loan.

Auto Loan Rates FAQs

Finding an auto loan brings up a lot of questions. Here's some of the questions we receive most often about car financing and auto loan rates:

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