car loans

Sub-Prime Auto Loans Could Be in Trouble
  • Sub-Prime Auto Loans Could Be in Trouble

Sub-Prime Auto Loans Could Be in Trouble

By |June 10th, 2016|

As auto sales in the United States have rebounded, some investors have been putting money into subprime loans. Many lenders have loosened credit standards and raised interest rates to account for riskier borrowers. Some Americans say they knew the interest was high but signed the papers anyway because they couldn’t get to work without […]

Advantages of Fixed Rate Car Loans
  • Advantages of Fixed Rate Car Loans

Advantages of Fixed Rate Car Loans

By |September 10th, 2015|

Fixed rate car loans are the most widely available option for financing, and deliver a reliable long-term picture of repayment terms. In contrast to variable rate car loans, which fluctuate based on any changes in interest rates for the entire length of your loan, fixed rate car loans are set at one specific interest […]

The Bridges We Cross on the Road to Debt
  • The Bridges We Cross on the Road to Debt

The Bridges We Cross on the Road to Debt

By |June 22nd, 2015|

With my son preparing to go to college in a little more than a year, I have been thinking about my own journey from living at home with my parents to becoming an adult. Part of this transformation involved going from having no debt and no real financial obligations to being loaded down with […]

Could Subprime Car Finance Cause Another Global Financial Crisis?
  • Could Subprime Car Finance Cause Another Global Financial Crisis?

Could Subprime Car Finance Cause Another Global Financial Crisis?

By |February 4th, 2015|

Given the events of years gone by, the very mention of ‘sub-prime lending’ may bring fear to the forefront of your mind. Despite this, investors are turning to the subprime car finance market in their droves, lenders are underwriting deeper than ever before and both are likely making a tidy profit.

Car finance is now […]

How to Get the Best Deal: Car Finance or Personal Loan?
  • How to Get the Best Deal: Car Finance or Personal Loan?

How to Get the Best Deal: Car Finance or Personal Loan?

By |June 17th, 2014|

The following is a guest post. If interested in submitting a guest post please read my guest post policy and then contact me.Not many people have the money to buy a new car outright these days.

If you’re looking for a new motor and you don’t have a few thousand pounds lying around, there are […]

Personal Loans Aren't Always Bad Debt
  • Personal Loans Aren't Always Bad Debt

Personal Loans Aren’t Always Bad Debt

By |November 27th, 2012|

On other finance blogs I often hear people talk about personal loans as some evil thing that should be avoided at all costs.

While there are definitely times when you should be avoiding borrowing money, you shouldn’t discount the potential to manage your finances with a personal loan.

Here are some ways I’ve personally used personal […]

Using Online Calculators For Car Financing Decisions
  • Using Online Calculators For Car Financing Decisions

Using Online Calculators For Car Financing Decisions

By |October 24th, 2012|

Besides buying a home and saving for retirement, your car buying decision is one of the bigger financial decisions you will make. Buy the wrong car and you could get buried in high monthly payments and expensive insurance. Or at the other end of the spectrum, you might cheap out too much and end […]

Buying Your First Car: Learn the Five C’s of Car Buying
  • Buying Your First Car: Learn the Five C’s of Car Buying

Buying Your First Car: Learn the Five C’s of Car Buying

By |May 30th, 2012|

There comes a time when every young adult will inevitably have to return their parents’ car keys and decide whether to buy their own set of wheels or not. Whether that time comes in high school, during college or sometime after grad school graduation, there’s no doubt that eventually you’ll need to think about […]