Learn About Auto Loans And Getting Great Rates
 
 
WHAT ABOUT LOANS?
When shopping for a new car or a used car from a dealer many people prefer to finance the car with a loan. Some helpful reminders when searching for the car of your choice.

  • Get pre-approved through a bank, credit union or even online
  • Check out car loan calculators you can find on the internet
  • Financially, see if a long term loan or short term loan will work best for your situation
  • A long term loan will be accompanied by a higher interest rate and a short term loan may save you money over the length of the loan
  • A good credit score will help you acquire a loan with lower interest rates while a bad credit score will cost you more
  • Be a smart shopper and compare loan prices and rates
  • After all you are making a major purchase and want a financial deal that you can afford
 
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