Are you looking to buy a new car and thinking about timing?
Perhaps you have a bad credit* history, or are currently going through bankruptcy.
These, as well as a look back at some memorable first-car experiences, are just some of the topics covered in recent blog articles from RoadLoans, 麻豆直播 Consumer USA鈥檚 direct-lending platform.
Read more below, and click the links for the full articles.
5 Great times to look for a deal
The best time to buy a new car might simply be when you need it most.
But if your purchase is not urgent and maximizing savings is your goal, there are some dates on the calendar it certainly helps to know about.
to discover why the end of the model year, Black Friday, the end of the calendar year, early in the week, and late in the month, are five of the best times to shop.
Could special financing help me?
Special financing is a term often used to describe auto loans for consumers with听bad credit 鈥� which can include people who have been through听bankruptcy听or听repossession听鈥� and听limited credit histories.
There are plenty of companies in the auto finance industry willing to accept applications for subprime loans, so if your credit is poor, there may be a lender ready to offer you financing that will help you get on the road.
about lending options, tips for buying a car with special financing, and where to shop for a quality vehicle.
听
A collection of first-car experiences
First cars tend to make a big impression and live long in the memory.
Whatever shape they take, and however many bumps in the road we may encounter with them, the independence they embody often means other cars just can鈥檛 come close.
With that in mind, of first-car experiences that spans decades, and in which all of the cars are special in their own ways.
Finding a loan during bankruptcy
When financial setbacks occur, bankruptcy is sometimes the best way forward. Life moves on and, for most people, a car is essential to that process.
But can you get a car loan while in bankruptcy? It depends, in part, on the type of bankruptcy for which you鈥檙e filing. The two common forms of personal bankruptcy are Chapter 13 and Chapter 7.
to learn about the options for each situation.
* 鈥淏ad鈥� or 鈥淧oor鈥� credit generally is considered a FICO score around 600 and below by sources including the Consumer Federation of America and National Credit Reporting Association (reported by the Associated Press), Bankrate.com, Credit.com, Investopedia, NerdWallet.com and others. The Congressional Budget Office identifies a FICO score of 620 as the 鈥渃utoff鈥� for prime loans.听FICO scores are not the sole factor in lending decisions by RoadLoans.com and 麻豆直播 Consumer USA.
