Expert Advice for Car Loan

All Articles on Car Loan

How to Get a Car Title Loan With No Income Verification
You can get a car title loan without proof of income. There are other sources of income you can show besides a paystub.
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Jerry
Apr 27, 2022
How Does Interest Work on a Car Loan?
If you took a loan to pay for your car, you will be charged interest on your monthly loan payments. Interest is what you’re charged to borrow money.
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Jerry
Apr 27, 2022
Having a Good Credit Score Doesn’t Guarantee You a Good Car Financing Rate
Securing an awesome interest rate on an auto loan isn't as simple as having a good credit score. What else goes into the process?
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Jerry
Apr 27, 2022
Everything You Should Know About Risk-Based Pricing
Risk-based pricing is a method lenders use to determine your interest rates and loan terms by examining your credit report.
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Jerry
Apr 27, 2022
What Is a Balloon Payment for a Car Loan?
A balloon payment is a kind of loan that allows you to make lower monthly payments followed by one big payment at the end of the loan term.
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Jerry
Apr 27, 2022
The 5 Most Expensive States for Car Ownership
Certain areas of the country are more expensive for car ownership than others. Are you living in one of these areas?
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Jerry
Apr 27, 2022
What is a Prepayment Penalty on a Car Loan?
If you pay off your car loan ahead of schedule, you might get hit with a prepayment penalty. Learn what prepayment penalties are and how to avoid them with this article.
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Jerry
Apr 27, 2022
Can You Pay Off a Car Loan Early?
You can pay off a car loan early, but although you might save some interest, it could also mean extra cash or surprise fees.
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Jerry
Apr 27, 2022
Can I Get a Car Loan After Bankruptcy?
Getting approved for a car loan after declaring bankruptcy is possible if you build your credit, save for a down payment, and comparison shop.
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Jerry
Apr 27, 2022
How to Get Out of an Upside Down Car Loan
Making a lump sum payment is the easiest way to get out of an upside down car loan. You can also talk to your lender to adjust the loan terms and get out faster. Read this guide to learn more.
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Jerry
Apr 27, 2022
Can I Keep My Car if I Declare Bankruptcy?
If you can continue making payments or work out a new payment plan with your lender, you’ll be able to keep your car in bankruptcy.
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Jerry
Apr 27, 2022
Trading in a Car While Still Paying off a Loan
You can trade in a car while still paying off a loan, but it will be easier if you have positive equity in the vehicle.
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Jerry
Apr 27, 2022
Here’s How to Save Money on Your Car Expenses
From keeping your car for the long haul to finding lower rates from your insurer, here are some helpful tips for how to save on car expenses.
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Jerry
Apr 27, 2022
Victims of Bad Faith Auto Loans in Massachusetts Drivers Could Be in for a Payout
One major U.S. auto lender has to pay back millions to customers after settling a lawsuit carried out by the Massachusetts State Government. How do you avoid getting had by loan sharks?
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Jerry
Apr 27, 2022
Consumers Are Borrowing More Money to Drive Expensive Vehicles
A study on the auto credit market shows that consumers are financing vehicles longer and borrowing more to drive larger vehicles like SUVs and trucks. But, this probably isn’t something to worry about since on average, credit scores are also improving.
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Jerry
Apr 27, 2022

All Questions on Car Loan

How soon can I refinance my car loan after I purchase my vehicle?
I’m not pleased that my current monthly payment is so high. I read that I can refinance, but I’m not sure when or how. How long do I have to wait to refinance my car loan?
Phoebe Mah
Nov 30, 2021
How long do I have to wait to refinance a car loan?
I have been paying my monthly loan payments for five months now. I was wondering if refinancing my loan for my Jeep Wrangler is an option for me. Can I refinance my car loan early?
Phoebe Mah
Nov 30, 2021
How do you get your car title after paying off the loan?
After four years and not a single missed payment, I finally finished paying off my car loan. My car was the first sizable financed purchase I made, and I’m excited to own the vehicle officially. How do I get my car title after paying the loan?
Jack Walsh
Nov 30, 2021
What does it mean to reaffirm a car loan?
I'm going into bankruptcy and my attorney told me I may need to reaffirm my car loan. I'm really not sure what this means, though, or even where to start. What is reaffirming a car loan, and how do I do it?
Eric Schad
Oct 19, 2021
Will filing for bankruptcy pay off my car loan?
I have a car loan with a balance of about $18,000, but I'm also struggling to meet my other debt obligations. I thought about filing for bankruptcy. Will this pay off my car loan?
Eric Schad
Oct 18, 2021
How do I get a car loan after bankruptcy?
I had to file for bankruptcy. During it, most of my assets were sold to pay off my debts, including my car. My bankruptcy was discharged last year and now I need a car for work. How do I get a car loan after bankruptcy?
Lauren Smith
Nov 30, 2021
How can my daughter take over my car loan?
My daughter has always loved my car, and now that she's moved to the suburbs, she needs a car. She's always loved my car, so I said she could have it if she takes over the loan. Is this possible?
Eric Schad
Nov 03, 2021
How can you refinance your car loan?
I recently started renovating my basement to build a personal gym and I quickly discovered it will be a lengthy and expensive project. I’m trying to free up as much money as I can each month and I thought about refinancing my car loan. How do I refinance my car loan?
Jack Walsh
Nov 30, 2021
Should I refinance my car loan?
I’ve been working hard to get better credit and my credit score has improved. Should I refinance my car loan? What would it benefit?
Lauren Smith
Oct 12, 2021
Are car title loans legal in PA?
I live in Pennsylvania and am struggling financially. I've heard about car title loans. I'm considering getting one, but are title loans legal in Pennsylvania?
Lauren Smith
Nov 02, 2021
What do you need when applying for a car title loan?
My husband and I need some extra cash to finish remodeling our bathroom, but the bank rejected our personal loan application. Due to the loan denial, I want to apply for a car title loan. I’ve never applied for one before, so what do I need for a car title loan?
Jack Walsh
Nov 05, 2021
Can I get out of a car loan after a repossession?
My lender repossessed my car, but I still have a loan balance of $1,700. Can I get out of this loan? Or do I still have to pay it off even though I don't have the car anymore?
Eric Schad
Dec 10, 2021
Can I get a car loan after I file for Chapter 13 bankruptcy?
I'm in the middle of Chapter 13 bankruptcy proceedings, but I'm worried about my ability to take out loans in the future. Will I be able to get a car loan down the road after filing for bankruptcy?
Eric Schad
Oct 19, 2021
How many months can a car loan be?
I’m not sure how many months my car loan will be. How long is a loan contract usually?
Liz Jenson
Dec 03, 2021
Can I be denied for a car loan even after I’m preapproved?
I got preapproved for a car loan about a week ago, but since then, my credit dropped about 20 points due to a collection account I didn't know about. Can I still be denied a loan after preapproval?
Eric Schad
Nov 16, 2021
Can I get a car loan in my name for a car I want to give as a gift?
I want to give my wife a new car for her birthday. Can I take out a car loan in my name even if she’ll be the primary user?
Eric Schad
Oct 28, 2021
How can I get a new car loan with bad credit?
What can I do to increase my chances of getting a car loan with bad credit? I work two part-time jobs, but I’m behind on bills. Because of this, my credit is bad. I want to buy a car to hopefully find a better job.
Phoebe Mah
Dec 17, 2021
What's the easiest way to remove a cosigner from a car loan?
I want to remove a cosigner from a car loan, but I'm not sure how to go about it. What's the easiest way?
Eric Schad
Oct 19, 2021
How do I get out of a car loan contract on my Nissan?
I have a car loan for my 2018 Nissan Pathfinder, but I've grown tired of the car. Can I get out of the loan? How?
Eric Schad
Oct 28, 2021
Can I take over my friend's car loan?
My friend can't pay for her car loan anymore due to some extenuating circumstances. Can I take over her loan? (I love her car, too.)
Eric Schad
Oct 28, 2021
Can I get a car loan with an 850 credit score?
I recently checked my credit score, and I have an 850. I’ve never missed a payment, I have about a dozen credit cards, and I took out a mortgage a year ago. That said, I’ve never had a car loan, and I’m in the market for a new set of wheels. Can I get approved for a car loan with an 850 credit score?
Eric Schad
Feb 23, 2022
How quickly can I pay off my car loan?
I’ve been paying off a 72-month car loan, but my monthly payments are pretty low. I want to pay off the loan sooner than scheduled, but how quickly can I pay off my car loan?
Jack Walsh
Dec 08, 2021
Can you get two title loans on one car?
I applied for a car title loan, but the amount they gave me was less than I expected. I could really use the extra cash. Can I get two car title loans on the same vehicle?
Jack Walsh
Nov 05, 2021
What does it mean when your car loan matures?
I received a note in the mail that says my car loan matures in six months. This is my first-ever car loan, and I have no idea what this means. Could you explain it? What does it mean for your car loan to mature?
Eric Schad
Oct 19, 2021
How is a cosigner responsible for a car loan?
My representative at the bank told me that I'd need a cosigner to get approved for my car loan. What does a cosigner do? Are they responsible for the loan itself?
Eric Schad
Oct 28, 2021
Is it possible to get a car loan with no income on paper?
I want to get a car loan, but I currently work for straight cash. Can I still get a car loan if I don’t show any income on paper?
Eric Schad
Nov 15, 2021
How do I dispute a car loan on my credit report?
I was taking a look at my credit report and I noticed a car loan with a balance of $11,231. I've never had a car loan and I have no idea where this came from. How do I dispute it?
Eric Schad
Nov 16, 2021
What should I look for in a car loan?
I want to finance a car, but I don't know where to start. What do I need to look for in a car loan?
Eric Schad
Nov 01, 2021
Can I transfer my car loan from an older car to a new one?
I'm trying to buy a new car, but I still have a loan out on my old one. Is there any way to transfer the remaining balance to the new car?
Eric Schad
Oct 26, 2021
Is there an age limit for cosigning for a car loan?
Is there an age limit for cosigners? My bank tells me I need a cosigner to get a car loan. The only person I can find is my grandfather, who is 85 years old.
Eric Schad
Feb 28, 2022

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