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Answers
anyone know if there are banks that do not require 1500 monthly income for auto loans?
There are many auto loan options available today. Today, stiff competition among auto loan financing companies<!--has made it possible to get a car loan or an auto loan at favorable terms.
http://best-loans.awardspace.com/autoloans.htm
However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car-->finance option. You can apply for online car loans on the Internet, or get it from your car dealer.
How to get a bad credit auto loan in the USA and Canada. Car loans for bad credit from Auto Credit Express
I'm trying to discover the # of US home mortgages and auto loans financed by banks in the US and the average value of each type of loan. It's for a school project.
Go talk to an officer at your local bank. There are many tens of millions of each, but I don't have exact data.
I am looking for a payday auto loan. I have a car but I am still paying car notes on it. I heard there are auto loan places out that that does loans and you don't need the title.
D.J., I've searched all around for a quick payday loan online, and the best one I found, and that I've used a several times was http://www.goodinternetdeals.com/Payday-Loan.html - the interest rate is acceptable and they put the funds in by the next day. I hope this helps you, best of luck!
i have a auto loan through capital one for a 1995 toyota. i was wondering if any other company did loans for cars that are older then 10 years old... any one know of any?
Anybody will give you a loan for a car regardless of it age as long as you have collateral to back it up..even me
I thought under the constitution only Congress had the authority to say how and where taxpayer money could be spent. That's why we have to go through the budget circus every year.
So where then does the law say Bush is allowed to give the auto industry these loans without congressional approval?
He can't. He wants the auto industry to get $14 billion. Congress has already said "No." Bush is asking again. He can't make this decision without congress accepting it.
I'm wondering if it is possible to be approved for 2 auto loans in one month? I need a car for myself, because i am going to let my wife have the vehicle i am using. Another problem is, my son needs a car as well. Is it possible to get financed for 2 cars in one month, or is it impossible? Wouldn't it show up to the lendor that their is already a vehicle financed? Wouldn't it be a good idea to go to 2 different banks or lendors for the financing? It would not be viable to apply for 2 auto loans from one company would it? So basically my question is this. Is it possible to be approved for 2 auto loans from 2 different lendor's in one month? I'm confused on how it works and if it's not possible, what would be another viable option?
I hope this makes sense,
Any info is greatly apreciated.
Thank you.
My credit is not spotless by any means (i was young) But i do have a credit score in the 700's. I make about 100-120k a year. Paying for both loans for both cars really wouldn't be a problem. Also, does it help at all from the lendor's that i work for the Government? I would like to be able to get financed for both cars, so i don't have to make a down payment on either car. So i can just pay outright for both cars. I don't want to do anything sketchy or illegal, that's not me. How if it's possible, would i go about getting both auto loans? Would i need to tell both lendor's that i have another loan from another bank for it to be legal? I'm just not sure of how to go about it.
Again any info is greatly apreciated.
Thank you
Yes, it IS possible, but why would you want to do something like that, when you COULD do something much better for your specific situation. If your son is 18, then FIRST go with him to pick out a car, and co-sign his loan so that it will be building his credit and will get approved because you are on the loan. It may be a little higher rate for him, but you will be doing the best thing you can for his credit... building it. THEN go out and get the second one on your own. I mean you could do it the way you were explaining before but you'll need credit in the 700's on the fico score and a huge downpayment on the second car. Aside from that, why let your son have a new car? Take out a loan for about 4000 after you get your car and have him go through the newspaper and get a used car that you won't worry about as much... after all it is his first car, it's GOING to get a few dings. Try for a corolla as it has great saftey ratings, good on gas, and is less expensive than others that will lower his insurance costs. It is one of three vehicles that will cost the least for a male under 25.
Bad Credit Auto Loan – Get a Low Interest Loan Before Christmas Subprime Blogger (blog)
If you have a decent credit score and have not missed any bill payments in the past there is a good chance that you can get a decent rate on an auto loan. With interest rates being very close to all-time lows now might be one of the best times to buy a new car. Not only are interest rates low, vehicle prices are also extremely low as well.
If you have a bad credit score and you have missed bill payments in the recent past then you are going to find it extremely difficult to get any type of low interest rate on a loan. No matter what type of loan you get you are going to find that lenders are not very rewarding to you with a low interest rate because of your risky financial decisions.
By making bad financial decisions in your past you are likely to be punished with a high interest rate when you borrow any type of money. This does not change when it comes to getting an auto loan. There many lenders out there who will help you get an auto loan but if you have bad credit please understand that low interest rates are likely not going to happen for you.
News
No Car Czar To Oversee Auto Loans? - Indiana's NewsCenterIndiana's NewsCenter, IN - Feb 16, 2009
FOXNewsNo Car Czar To Oversee Auto Loans? Tomorrow is the deadline for the automakers to show how they can repay billions in loans and become viable, despite a big sales drop. Video: Obama Cuts Plans for 'Car Czar' Obama Rejects ‘Car Czar,’ Naming Geithner, Summers to Head Team PTFA (not Car Czar) to decide on $7 billion auto loan -
CNNMoney.com - Feb 16, 2009
Hindu Business Line, India - Feb 16, 2009
Govt likely to ease auto loan exposure norms Hyundai India’s Senior Vice-President for Sales & Marketing, Mr Arvind Saxena, said one of the reasons for banks not being aggressive in offering auto loansReuters - Feb 16, 2009
TEXT-Moody's asgns prov rtgs to Central Fin's auto loan sectn The ratings and summary of the transaction are as follows:Deal Name: Central Finance Auto Loan Trust No.8Scheduled Total Issue Amount: JPY 12.5 billionClassBoston Globe, United States - Feb 16, 2009
Boston GlobeEven in slump, loan deals to be had But because of the credit crunch, auto loan rates remain about where they were a year ago. In mid-February, the average rate nationally for a 48-month loan