Archive for September, 2016
Why is getting a bank loan for an older car difficult?
Many car shoppers looking to purchase a vehicle can be discouraged by how quickly their new investment loses value once it is driven off of the lot. In order to avoid this, some car shoppers may instead choose to purchase an older car. An older, used car is already at its depreciated value. Thus, the investment does not lose value as quickly. However, car shoppers attempting to do this may find it difficult to find a bank willing to offer a loan. So why is getting a bank loan for an older car difficult? (more…)
Are there any credit cards that offer car-related rewards?
Using a credit card can help establish a credit rating that can make getting an auto loan easier. In addition to this, many credit cards offer rewards programs that can be redeemed in a variety of ways. So are there any credit cards that offer car-related rewards? (more…)