Auto Finance and Car Loans

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… Read More

TOP ROADLOANS CUSTOMER QUESTIONS – PART 2
It’s time for another round of our most often asked, and now, best-answered customer questions, direct from the people that know them best. Many thanks to our crack team of customer support agents and managers, and to our customers who continue to pose intelligent questions and give great feedback. Customer question: Can I get the approval amount increased? Answer from the experts: Possibly. We approve you for the maximum amount you can borrow. However, if there is additional income (of yours or your co-applicants) to consider that wasn't mentioned in the initial application, we will review the loan to see… 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