Why Do You Need a Car loan?

Do auto loans require a down payment? All auto loans do not require a down payment, but this allowance has not always been the standard. In the past, car dealerships and lending companies usually required at least a down payment in the 20 percent range for a new car.

People Need a Loan: 6 Reasons Why. Someone will say consolidating multiple debts into one single payment makes the actual payment process much easier than if you would take care of all the loans (mortgage, credit card debt, student loan etc.) separately. Besides, someone assumes it might reduce the interest rate.

Why You Need to Get Your Car Loan BEFORE You Buy a Car The best price advertised is the one available to the most qualified customers; exactly who those customers are is up to the dealership. It could be only for people with credit scores above 750, or only for the first ten people who walk in the door on a given day.

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A college friend used me as a reference for a car loan with out my consent. Now they are calling me to give her messages, because her phone is disconnected and I guess she is not paying her monthy car bill. My question is can they start billing me eventhough they do not have my personal information other than my contact phone and address?

Most car shoppers with bad credit know they’ll need a cosigner if they plan to finance, but here are four car loan cosigner requirements that need to be met first. If you have a bad or poor personal credit history, using a cosigner can significantly increase your chances of being approved for a new.

However, car shoppers do not need to have established credit, and they do not need to have someone co-signing a car loan. They can use special poor credit auto lenders who look closely at the individual’s income and their ability to pay back the loan.

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Thinking about cosigning student loans? Here’s what you need to know before you agree to. But many private student lenders.

Determining how much car loan you can get in Seattle can seem like a guessing game, but the process becomes clearer when you know the factors auto lenders use. All you need to do is learn a few..