Q&A
Asked by rclong55
Answered by Michael Salbego
District Sales Coordinator in Madison, WI
Hi rclong55, there are 2 main issues with getting a loan for a used car. 1) what is your credit rating, and 2) what is the value of the car? If the Blue Book value i...
Q&A
Asked by Cassandra
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Most likely the cause of this issue is that your creditor did not report the change of your account status to the credit reporting agency. You should reach out to the ...
Q&A
Asked by RAJ
Answered by Roslyn Lash, AFC
Financial Counselor
If you're interested in saving money, I'd suggest that you do neither. New cars depreciate up to 60% within the first couple of years! Leasing a car isn't a financial...
Q&A
Asked by John
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
Depending on how high your interest rate is, along with how old your vehicle is and the miles on it, it may make sense to wait until your score is over 700, as that wi...
Q&A
Asked by Alexandria
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Here is some helpful information about cosigning an auto loan, unfortunately since you've already cosigned the debt is as much yours as it is the friend who took o...
Q&A
Asked by Joseph
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
If you are looking to finance your dream car, visit Lightstream.
Q&A
Asked by Lisa
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
That depends on your credit score and other factors. You can navigate through your full report and see your score when you log into your Credit Manager account. Check ...
Q&A
Asked by an anonymous user
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Refinancing your car loan could lower your monthly payment and save you on interest costs. Here's an informative article on auto loan refinancing.
Q&A
Asked by Julia
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Have you tried negotiating a more affordable payment plan with Credit Acceptance directly? If you can show that you have been making all your payments on time and expl...
Q&A
Asked by Abraham
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
A low credit score can hurt your ability to get a car loan, and if you do get a loan, your interest rates will be higher. Here are some informative articles fille...
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