Finance Questions

Posts Tagged ‘gas’

Question: Will putting a larger down payment on a car increase my chances of getting approved? N where is my best chance

of getting a loan? I had a rough time with credit up until this year. My credit rating has been going up. its currently 558. i know thats low, i know ill pay higher interest rate but for now its fine cuz i make almost 60k a year now. Ive pretty much erased all of my debt. like i said, im doing MUCH better now. SO....Will i be able to get financed for 25k. i want a new 4door jeep wrangler. Where will i be able to get this loan..credit union? jeep dealership?online? and will a bigger down payment make it easier to get approved? also, is there anything else i can do to help get approved? I make almost 4k cash a month and my bills are only 1500 so i have some room to work with.
also i have a 2001 sunfire i can get around 2k in trade in value. so with everything, what is my best play for this car?

Answer: If you happen to get approved then don't fall into a trap buying an expensive car if your interest rate is high as you will fall into a deep hole and never get out, with high rate you buy something cheap just to get by till such time your lending rate improve.

Your total concentration should be to improve your credit score, go to this web page on my website http://www.usedcartips.org/CREDI.html it will teach you how to repair your credit.

many buyers with blemished credit make mega bucks but cant produce pay stubs, I hope you can ?...

Try the Jeep dealership for credit, there are many factors that can come into play, such as, yes a large down payment or co-signer for approval, check with your own bank as a first step. good luck

Scarborough Chrysler Dodge Jeep car dealer in Toronto

Question: I need car help!!! I'm so confused with online site!!?

Ok. I'm doing a budget project for school and I have to have the monthly payments on a car. I chose a Honda Element and I'm on the site looking at it. Now I'm to the point where it talks about finance stuff. Can someone please answer these questions?? : (please answer at least one! but you'll get 10 Pts if you answer all!! )

Answer: additional Payment: is when u put down an extra amount, on top of what u already payed

Trade-in : is when u have a vehicle and your want a newer one they, give you the value of your old car and take of that from the new car...

Annual Percentage Rate: is the percentage your interest is based on

Term: is how many months you have payments on like 24 months 48 months

Auto Insurance Advice : How Do Auto Insurance Premiums Work?