January 23rd, 2008
Toyota Financial Services is offering 84-month loans for vehicles, but financial and industry professionals warn stretching out payments that far puts the buyer in a bad place.
"I was floored when they started doing 72-month loans," financial adviser Chris McAlpin said. "A rule of thumb that I like is pay for it outright. But I understand that not everybody can."
As 2007 closes with about 16.1 million new-vehicle sales in the U.S., the lowest in nine years, the auto industry is grappling to push sales higher for 2008 and long-term loans can play a part.
Toyota cut back on incentive offers in late 2007 and began offering 84-month loans. Other automakers, including the Detroit 3, also offer long-term loans. But those loans, including Toyota's, are reserved for customers with sparkling credit.
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Credit Car Loans
January 23rd, 2008
There is always a way to finance the purchase of your dreamed car, you just have to know how.
Getting a car loan with bad credit is a difficult task. Most car dealerships are not prepared to deal with people with a bad credit score, no credit or with those who have gone through a bankruptcy. There are however, banks and private lenders willing to grant bad credit car loans. And, if you still cannot get finance through a Bad Credit Car Loan, there are still other options that we will explain in this article.
Purchasing a Car with a Bad Credit Loan
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Credit Car Loans
April 12th, 2004
The fact of the matter is that not everyone has excellent credit. No matter how responsible you happen to be, things can happen that will cause your credit rating to nosedive. Unexpected job losses, a lengthy illness or hospital stay, or a divorce can derail your good credit and make obtaining a car loan quite a task. Fortunately, there are ways to get bad credit auto loans, and keep riding while you work to rebuild your damaged credit.
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Credit Car Loans
