Why an 84 Month Auto Loan is a Bad Idea

Long-term auto loans are just one method finance companies and auto dealerships use to lower your monthly payments. Typically, the longer the term, the lower your monthly payments. Unfortunately, an 84 month auto loan ties you to a single car for at least seven years, and costs far more than you would have otherwise [...]

2021-02-18T10:39:04-04:00July 15th, 2020|Categories: Auto Loan Cat|Tags: , , , , , , |

What Does Upside Down Car Loan or Underwater Mean?

What Does It Mean When Your Loan is Underwater? As new car models for next year start showing up on dealer lots, people will be hurrying to get the latest deals and newest features. Many of these people may still be paying on their current vehicles. Yet, the lure of dealer incentives and low [...]

2021-03-01T16:06:51-04:00November 1st, 2019|Categories: Auto Loans|Tags: , , , , , |
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