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Loans

Usually, you won’t have the full payment on hand when the time comes to buy a car. Car loans exist to help you purchase a vehicle through funds borrowed through a lending facility or bank. You can get a car...

Pre-approved car loans make buying a new car easier. Apply for a car loan before you begin car shopping so you can get the best rate and deal.

It’s no coincidence that the “R” in RV stands for “Recreation.” After all, Recreation Vehicles can be a lot of fun to own and provide a lot of freedom, luxury, and relaxation to many people. An RV can be its...

Unless Unless you’re sitting on plenty of cash, you’ll likely need to finance your new car. There are plenty of options available for car loans, and that can make things tricky – especially if you’re trying to decide between new...

Paying off a car loan is a long process that requires you to remain dedicated to your budget as you pay your monthly bills. Sometimes, though, whether through access to extra cash to make extra payments, refinancing of your current...

A person’s financial situation can change while they are paying off a car loan (https://www.yourmechanic.com/article/how-to-quickly-pay-off-a-car-loan-by-patrick-haas), and if it changes for the worse, then it will be difficult to make the payments on time each month. This happens to many car...

If If you are just starting your career or if your credit scores have fallen below an acceptable point, getting loans for large items like a car or a house can seem nearly impossible. Companies do not want to sell...

Buying a used car (https://www.yourmechanic.com/article/how-to-buy-a-used-car) can be a tricky proposition. It requires a diligent search, test drives, and plenty of legwork to find the right car. One step that should never be overlooked is the search for any liens on...

A A few financial missteps can greatly impact your credit score, and it is far more difficult to repair bad credit than it is to gain it. If you have managed to be branded with a poor credit score, don't...

Setbacks in life are inevitable, but how you deal with challenges like a lost job or sudden costly repair are how you establish your character. Whether it is a one-time occurrence or potentially a long-term issue, if you find yourself...

Can you still buy a car if you have no credit history? Yes, but you'll need to take some extra steps to get approved for a loan with no credit.

Deciding whether to repair or replace your car can be tough. Find out the value of your car and get an estimate for repairs before you get a new car.

Members of the military can get a car loan through a military-friendly bank or credit union.

A lot of things change when you go on disability (https://www.yourmechanic.com/article/how-to-get-a-free-car-when-you-have-a-disability) income. While those benefits allow you to pay living expenses as you cope with your disability, the income doesn’t cover much beyond the bare essentials. Just because you’re on...

Very few people have the money on hand to purchase their vehicle outright. Vehicle financing is in place to give purchasers the option of borrowing money from a lending institution. Whether you have good credit, bad credit, or no credit,...

When you find your budget tightening, you start to analyze your expenditure in an effort to loosen the proverbial noose of debt. You will find that some expenses are mandatory, some without cheaper substitutes and some things you can do...

Nobody wants to be in debt, and nobody likes paying interest on a loan (https://www.yourmechanic.com/article/how-to-determine-total-interest-paid-on-an-auto-loan) for longer than necessary. Unfortunately, paying off a car loan feels like it takes forever—month after month, the balance hardly seems to go down at...

Let's Let's face it: cars don't come cheap. When you're just getting started out in college or at a new job, buying a car can seem like an insurmountable obstacle due to the high price tag attached. Your credit score...

There are a number of reasons that someone might have to want to get out of their car loan (https://www.yourmechanic.com/article/how-to-get-the-best-apr-on-a-car-loan_2). Maybe their credit score (https://www.yourmechanic.com/article/how-to-get-a-car-loan-when-you-have-bad-credit) was bad when they first got the loan, but then it improved over time. Maybe...

When you buy a car but don’t have funds for the full purchase price, you can arrange a loan through a bank or lender. You make payments on an amount owed according to an agreed-upon sales contract. The loan agreement...