Auto Finance and Car Loans

Wisdom for car buyers in their twenties
If you're under 30, you may find yourself in need of financial advice. Be encouraged. Financial troubles have happened to twentysomethings before. In Lerner and Previn's Coco, Katharine Hepburn sang (or rhythmically spoke), "The world belongs to the young." Despite that poetic enthusiasm, your finances are serious, and it pays to be on top of them. Here's some wisdom from the experts on how to be financially fit in your twenties and beyond. Build your credit history by taking on debt and paying on time* Stacy Rapacon of Kiplinger.com suggests, "You'll need to take on some debt and show that… Read More

And the answer to the No. 1 question is…
Our distinguished professionals in the customer service department, who answer your phone calls, emails and chats, and provide answers to all of the questions that come from our excellent customers are back to wrap up the subject of "answers to the most-asked questions." We've saved the best for last. The question below is the No. 1 most-asked question of our customer service team, followed by the official answer: Question: If I finance less, will my down payment be lower? Official Answer: No. Given a certain vehicle price, the loan offer you receive at a given time will result in the… Read More

Buying a car out of state
Cars can be like shoes; shopping for them may involve trying them on and seeing how they fit. Other times, your previous test drives have informed your decision, and all you really need to choose now is the color. And sometimes, you find the car that you're ready to buy...at a dealership that is across state lines from where you live. Hmmm. You might have questions at this point. That's normal. There are certainly things involved in buying an out of state vehicle that you need to be aware of, but we'll do what we can to give you some… Read More

6 Ways to Avoid a Bad Car Loan
Buying a car can be fun and exciting. However, getting a car loan can be anything but. After all, the auto loan process can be confusing and intimidating, causing buyers to make mistakes that result in a bad car loan. If you’ve got bad credit, dealers or insurance agents may take advantage, and you could be stuck with a car loan that will end up costing you tons in the long term.   So if you’re in the market for a new or used car, don’t get swindled into having to pay more than you really need to. Here’s a… Read More

Top RoadLoans Customer Questions – Part 1
At RoadLoans, we do a great job of simplifying the auto-loan and car-shopping experience, and we are proud of that. Additionally, we encourage people to educate themselves about credit and the processes involving car loans and car shopping. We hope that this does not send a mixed message in which we tell you that there is a lot to know about auto loans and car shopping and that we simplify that process. In fact, both are true. The service we provide involves shouldering some of the burden of expertise in auto finance and the process of buying a car. Today, Scott… Read More

Factors that affect your auto loan
When the time comes to buy a car, one of the most important steps in the process, and one that can make or break how you feel about the experience, is getting an auto loan. One of the difficulties that some buyers face is that they are surprised when they see what kind of financing they are offered. Here, we're going to take a look at the factors that affect your auto loan: Credit Score When you apply for a loan, lenders run a credit report, and the credit score summarizes certain factors within the report, including your current and… Read More

Buying a Car with Bad Credit
Are you looking to replace your dinged-up car, and trying to do it with dinged-up credit? You're not alone. Buying a car with bad credit is something that many people have to face. If you need a new car, you've generally got two options: Buy outright with cash or get a loan. There are pros and cons to each of these. The obvious reason for buying an older, used car is that the total price tag may be lower, at least to acquire it. However, according to Edmunds.com, one of the problems with buying a used car is that for… Read More

Auto loans when you have bad credit
Is your credit perfect? Yeah, neither is most people's. Buying a car or getting an auto loan when you have bad credit can be challenging, but the best way to approach it is simple: know what you're getting into. Many people with bad credit get auto loans every day, and the question is simply, "How?" And this is where it helps to know what you're getting into. It might not be difficult, but there are steps that should be taken. First, it's important to understand your own expectations. Are you expecting to get your dream car for a bargain? It… Read More