Posted by admin on August 19, 2010
Question by Tamara: I have found the national interest rates for auto loans, how do I calculate the rates for poor or good credit?
I am trying to help a friend. I do not want to be nosey and ask her what her credit rating is, excellent, good, poor, but I was wondering if there is a certain amount of percentage points that are suppose be added to the national auto loan rates that I found online. I beleive the national auto loan rates is based on good-excellent credit rating, right?
Thanks for your help. It is greatly appreciated.
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Posted by admin on July 24, 2010
Posted by admin on July 20, 2010
Summary Box: Auto lending loosening up a little as banks, car makers expand business
THE TREND: Auto loan approval rates have improved over the last year for customers regardless of their credit rating.
Read more on Minneapolis-St. Paul Star Tribune
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Posted by admin on July 2, 2010
Auto loan rates for July 1, 2010
Here are the average auto loan rates from Bankrate’s weekly survey of large banks and thrifts.
Read more on Bankrate.com via Yahoo! Finance
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Posted by admin on May 24, 2010
How To Get Auto Credit With a Bad Credit Score
A bad credit score is defined as one in which your score is lower than 750. There are many reasons for such a poor score including the current difficult financial times that have caused a credit crunch and so everyone from lenders to borrowers have been affected. If you are in such a situation where your poor credit score has left you feeling like giving up then read on to find out the great news. You see you can still get auto credit even with your score. This is because there are many lenders still willing to give you a second chance by offering you financing which will enable you to get your car and in the process improve your rating.
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Posted by admin on May 22, 2010
The Best Method To Secure Auto Credit is the Internet
The internet has provided an easier method for people to access auto credit. The first step that a borrower should take is to decide what vehicle they want to buy. With these loans, it is not a requirement to have the exact amount of cash at hand to purchase the vehicle or to get a good deal. With forethought it is only right that you look for dealers who will offer benefits, incentives and other discounts on the auto credit taken. Remember, when you are looking for a good offer, many banks will be willing to offer you loans at their benefit.
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