Category: Finance Tips

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Money Tips for Financing your next Auto Loan

Tips for Financing your next Auto Loan

Tips for Financing your next Auto Loan

1) Don’t buy more vehicle than you can afford. Set yourself a monthly budget you know you can afford. Take also in consideration the cost of insurance if you plan to make monthly payments on your auto insurance. One way to ensure you can afford the payment is to get pre-approved for an amount that fits in your budget. Click here to get pre-approved today

2) Down payment. Put as much down on your next loan as possible. This will help if you have bad credit. Bad credit lenders will likely approve you easier when you have a down payment. This will also reduce the total price of the car as well as your monthly payments.

3) Find someone to co-sign. If you have very bad credit your interest rate may reflect this and in turn your monthly payment will [...]

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