What is a Good Credit Score to Get a Car Loan?

Your car buying experience will likely be determined by the strength of your credit score. Knowing what score you need to get approved can make it easier to purchase a new vehicle. Why does credit score matter for a car loan? Your credit score is three digit number that indicates your reliability as a borrower. […]

How Much Do You Have to Put Down on a Car if You Have Bad Credit?

A down payment has two major benefits when you’re buying a car: it can increase your chances of getting approved for financing and it can save you money during loan repayment. But how much should you expect to put down if you have bad credit?   When you might need to make a down payment […]

Can I Finance a Car Without a Bank Account?

In short: yes, you can get a car loan if you don’t have a bank account. It certainly makes things more complicated, but being bank account-free shouldn’t stop you from shopping for a new vehicle.   Not everyone has a bank account Most people manage their money through a bank, but there are many reasons […]

What is Considered Bad Credit?

Whether it’s a credit card, a car loan or a mortgage, credit is a part of life for most adults. You probably know that credit is important, but you’re not alone if you don’t know the differences between good and bad credit.   In this post, we’re covering the following topics: What is the credit […]

What is the 20/4/10 Rule for Car Loans?

There’s a lot more to life than car payments, so it’s important to make a budget before you head into the dealership. The 20/4/10 Rule is simple way to figure out how much you can afford to spend on a car loan. KEY TAKEAWAYS The 20/4/10 Rule says: Your down payment should be at least […]

How Much of Your Income Should You Save?

Saving for a rainy day isn’t just a good idea, it’s a must if you want to accomplish your financial goals. But how much should you save? It all depends on what you are working towards in the short, medium and long term. Saving money is personal and it’s hard to find a one-size-fits all […]

What to Check When Buying a Used Car: 10 Things to Look Out For

So, you’ve settled that all-important question of whether to buy a new or used car. Buying used can be a great way to get on the road without the hefty price tag of a new vehicle. But, how do you know a pre-owned vehicle is everything it was chalked up to be in the online […]

What Does In-House Financing Mean?

In-house financing is a type of loan provided by a business directly to a customer, allowing them to purchase goods and services offered by the business. This kind of financing eliminates the need to secure a loan through a financial institution   With in-house vehicle financing, you’re getting a car and a loan all in […]

How Long Does it Take to Rebuild Your Credit History?

  Credit is like a fine wine. It gets better with age, but it takes some patience.   There’s no quick fix for past credit fumbles, but it is possible to rebuild your standing by taking charge of your credit use and practicing good habits. Depending on the severity of the damage it could take […]

What Documents Should You Keep In Your Car?

Your glovebox isn’t just a great spot to keep road trip snacks, it’s also a handy place to keep your important documents. There’s a lot of paperwork that comes with owning a car. While some of it can be left at home, there are a few key pieces you should always have within reach when […]