Auto Loan Basics

How Does a Car Loan Work?

Buying a car is a big decision. In fact, in most cases, it is among the most significant purchases an individual makes. Of course, other than researching what make or model you prefer...

How Do I Finish My Carloan Early?

Buying cars can be really exciting, but your favorite car may be accompanied in the driveway with something that is a lot less fun - an auto loan. Most American auto consumers buy both...

Should I Lease or Apply for an Auto Loan?

With the staggering prices in the auto industry today, you're probably looking up refinance car loan rates or are considering leasing. Well, we won't waste much of your time...

Is a Long Term Auto Loan a Good Idea If You Can Pay It Off Early?

Are you in a hurry? Well, in a nutshell, paying off long term auto loans early brings benefits such as reducing the amount of interest you own while also freeing up some money...

How Does a Pre-approved Auto Loan Work?

If you're in a hurry: Pre-approved auto loans let auto consumers know exactly how much financing they are eligible for to purchase a used or new car...

Are Chase Auto Loans Good?

JPMorgan Chase is one of the world's largest financial institutes, ranked as the largest bank in the US and the seventh-largest bank in the world by the S&P Global. It operates with over 5,000 branches and 16,000 ATMs all over the US.

What is Gap Insurance for Auto Loans?

A car is one of those assets whose value depreciates very quickly. The minute you buy a brand-new car, its value starts declining. A vehicle's value can depreciate up to 20% within a year, depending on the make, model, and use.

What Interest Rate Can I Expect for Auto Loan?

2020 has been a tough year for the automotive industry. The coronavirus further hit the already struggling auto manufacturing sector. The turmoil in the auto industry has also affected its financing landscape.

Resources - Auto Loan Basics