Blog > Recent Articles In Financing

What is a car title?
    Learn about one of the basics of vehicle ownership Car titles are one of the fundamental parts of owning a vehicle, and knowing a little about them, and what details to look out for, will help you when it comes time to buy, sell or transfer ownership.   The certificate of title A car title is a document establishing the legal owner of a vehicle, whether a person or business, that’s issued by a state department of motor vehicles. It’s also referred to as a certificate of title or pink slip (as car titles in California were once… Read More

Car in palm of hand
  How to know lien from loan, and what to keep in mind when buying and selling a vehicle If you’ve been approved for a car loan then you’re likely to encounter the term “lien,” but the chances you’ll know what it means may not be so great. A lien on a car is like a safeguard for the lender or other interested party. When you take out an auto loan, a lien is created, which is a lender’s legal right to possession of the vehicle until the loan is repaid. That means if you default on the loan, like… Read More

Tax refund for car purchase infographic
If you’re in the market for a new vehicle then you should know something about tax season: tax refunds and car loans are a good match.* That’s because refunds, which have averaged around $3,000 in recent years, can provide many approved buyers with a ready-made down payment on their next ride, or at least a useful chunk of it. In turn, that money down may drop their monthly payment and provide useful savings on interest charges. Take a look at the following infographic to see how a tax refund may be used to get a new or used vehicle in six… Read More


RoadLoans app in use on a phone
    When was the last time you shopped for a vehicle? Whether you’ve clocked plenty of miles or are new to it all, the RoadLoans app can make the experience fast, simple and hassle free. Simply downloading the app to your iPhone places handy auto financing and car-shopping tools right in the palm of your hand; available to help whenever and wherever you want. Here’s what you can do: Estimate a car payment – You don’t want to bite off more than you can chew, and the payment calculator enables users to gauge what an affordable monthly loan payment… Read More

Driver behind the wheel thanks to special financing
  Special financing is a term often used to describe auto loans for consumers with bad credit,* which can include people who have been through bankruptcy or repossession, and those with limited credit histories. There are plenty of companies in the auto finance industry willing to accept applications for subprime loans, so if your credit is poor, there may be a lender ready to offer you the financing that helps you get on the road. First of all, keep in mind auto loans for people in bad credit situations typically come with higher annual percentage rates than those offered to consumers with better credit, which… Read More

Potential dollar savings from lowering APR
6 tips for getting a low rate and boosting your chances to save     Lowering the annual percentage rate of an auto loan is one of the best ways to save on vehicle financing and the total cost of buying a car. Take a look at the following approaches to see what may work best for you.   1. Check your credit reports and build credit Whether you want to save cash on financing for your existing car or get a low interest rate and APR to buy your next one, checking your credit position and building credit may… Read More

Buying a car out of state
    Buying a car out of state can be a good way to get hold of a model that’s thin on the ground in your area, or to pick up a bargain, but be prepared for some extra steps as you go about making a purchase. Principally, you’ll need to title and register the vehicle in your home state, pay your sales tax there, and check with your state’s department of motor vehicles before you buy for other requirements including emission standards and safety inspections. You’ll also want to plan ahead to ensure the vehicle meets your own needs,… Read More

Car insurance and GAP insurance payouts
GAP insurance is not for everyone, but if you’re financing a car, it could make all the difference. Guaranteed asset protection, to use its full name, is an optional product that protects your finances in the event your car is stolen or totaled in an accident. While car insurance will cover the market value of a vehicle, if you owe more than that on your loan, GAP insurance steps in to cover the rest and save you from delving into your own pockets.     Situations where GAP insurance is helpful Cars, as you may have heard, are depreciating assets… Read More

Credit scores run across a numerical range
  On a car-financing journey that naturally travels through a range of numbers, your credit score is a good one to start off with. Based upon your credit behavior compiled in your credit history report, it sums up in three digits your credit health, which gives you some insight on how likely you are to get financing and, if approved, how favorable those terms may be. The higher the number, the better your credit and, usually, the stronger your position. Consumers actually have more than one credit score because there are a number of credit scoring sources and models, and… Read More