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 […]
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 […]
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 […]
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 […]
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 […]
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 […]