Category:
Auto

Top view or flat lay of miniature car model, calculator and pen on office desk table representing a car loan.

How To Get out of a Car Loan

By Michael Knisley | August 1, 2024

You finally found it! You finally found the right car at the right price. It’s the right model, the right color, the right size. New, used, doesn’t matter. It has…

refinance-car-loan

Refinancing Your Auto Loan

By Alan Schmadtke | July 16, 2024

One way to save money on your car is by refinancing your loan — a financial tactic you can do in multiple ways. Refinancing car loans means changing the basic…

Can You Pay For a Car With A Credit Card NEW

Can You Pay Your Car Payment With a Credit Card?

By Michael Knisley | January 4, 2023

The question in that headline calls for a simple answer: Yes or no. And if a simple answer is what you want, we’ll give it to you straight. Yes, you…

Auto Cost Feature

Auto Loans

By Tom Jackson | December 8, 2020

Choose Your Debt Amount Lease vs. Buy Consider this: look rich by leasing, live rich by buying. Comparing the pros and cons of leasing a car versus buying a car…

Auto Lease Assistant With Paperwork

Should You Lease or Buy a Car?

By Tom Jackson | December 8, 2020

Debt consolidation is a sensible solution for consumers overwhelmed by credit card debt. It can be done with or without a loan. Consolidation cuts costs by lowering the interest rate…

Save Money On Transportation: Gas, Tolls and Maintenance

Car Expenses: What’s Included & How To Save

By Joey Johnston | June 12, 2020

Cars are a necessity. Without one, most people couldn’t hold a job, buy groceries or shuttle kids to school. But cars are also a major expense, devouring a large chunk…

Lower Car Insurance On Your Computer

How To Save on Your Car Insurance Premiums

By Joey Johnston | June 2, 2020

You drive a modest vehicle. You are safe on the road, always obeying traffic signals, staying within the speed limit, and allowing for a safe following distance. You have operated…

Buying Car For Cheap

Buying or Leasing A Car On The Cheap

By George Morris | December 4, 2015

My trusty Volvo wagon served our family well for 13 years, but after 106,000 miles it finally gave up the ghost. My wife just completed graduate school so we weren’t…

Learn how to save money on your car insurance

How To Save Money On Car Insurance

By George Morris | December 4, 2015

Now that you got the third degree warning against avoiding insurance, how can you lower the price tag for such a basic necessity? Thankfully there are several ways to cut…

Upside Down Car Loans

‘Upside Down’ Car Deals Turn Finances Inside Out

By George Morris | December 4, 2015

To this day, I’m amazed at how my grandmother, who didn’t earn much, could manage to pay off her auto loans early – sometimes in half the usual four-year term.…

Sources:

  1. James, T., and Paul, M. (2024, January 3) Lower Interest Rates Secured on More Manageable Term Lengths for New Vehicles in Q4, According to Edmunds. Retrieved from https://www.edmunds.com/industry/press/lower-interest-rates-secured-on-more-manageable-term-lengths-for-new-vehicles-in-q4-according-to-edmunds.html
  2. N.A. (2024. February 6) Credit Card and Auto Loan Delinquencies Continue Rising; Notably Among Younger Borrowers. Retrieved from https://www.newyorkfed.org/newsevents/news/research/2024/20240206
  3. N.A. (2024, June 19) Consumer Protection: Balloon Payments and Consumer Protection Regulations. Retrieved from https://fastercapital.com/content/Consumer-Protection--Balloon-Payments-and-Consumer-Protection-Regulations.html
  4. N.A. (2024, January 30) Can I prepay my loan at any time without penalty? Retrieved from https://www.consumerfinance.gov/ask-cfpb/can-i-prepay-my-loan-at-any-time-without-penalty-en-843/
  5. N.A. (2023, September 12) Should I trade in my car if it’s not paid off? Retrieved from https://www.consumerfinance.gov/ask-cfpb/should-i-trade-in-my-car-if-its-not-paid-off-en-2045/
  6. N.A. (ND) Help starts here: 211 connects you to expert, caring help. Retrieved from https://www.211.org/
  7. Loftsgordon, A. (2023, November 7) Should I Hire a Lawyer if My Car Lender Sues Me After Repossessing My Car? Retrieved from https://www.nolo.com/legal-encyclopedia/should-i-hire-lawyer-my-car-lender-sues-me-after-repossessing-my-car.html