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Car Loans

8 Things To Consider Before Signing Up For A Car Loan

Richard Barrington | Posted 11.04.2016 | Business
Richard Barrington

Auto loans are like the modern automobile, a complicated machine with lots of moving parts and hidden components. However, it's likely there are more people who understand the basics of car maintenance than auto finance.

How To Refinance Everything In Your Life

Trulia | Posted 05.11.2016 | HuffPost Home

Let's play a little word-association game. What comes to mind when you hear the word "refinance"? If you answered "mortgages," you're not alone.

Meet The 88 Democrats Who Just Voted To Enable Racial Discrimination In Car Buying

The Huffington Post | Zach Carter | Posted 11.20.2015 | Politics

So that happened. This week, the House of Representatives voted to help banks and car dealerships discriminate against customers of color. And it wasn...

Why 65 Dems Are Trying To Strip Financial Safeguards For People Of Color

The Huffington Post | Zach Carter | Posted 11.17.2015 | Politics

WASHINGTON -- Progressive Democrats are scrambling to prevent their colleagues from supporting a bill that would pave the way for racial discriminatio...

Dozens Of Democrats Are About To Side With Racist Car Dealers

The Huffington Post | Zach Carter | Posted 11.17.2015 | Politics

WASHINGTON -- Dozens of House Democrats are expected to vote this week in favor of legislation that would open the door to racial discrimination in au...

5 Reasons to Have Your Car Loan Ready Before Buying

Bob Lotich | Posted 10.29.2016 | Business
Bob Lotich

Why go through the trouble of getting a car loan from a bank or credit union, rather than just getting it through the dealership? It's certainly easier to let the dealership handle the financing for you, but by doing so you may be conceding too much. Here are five reasons to have your car loan ready before buying.

Want to Stop Getting Into Debt? Quit Doing This One Thing

Amandah Blackwell | Posted 05.10.2015 | Money
Amandah Blackwell

You can't control whether or not they pay their loan and pay on time. You have the potential to get into debt or deeper into debt. Plus, you risk lowering your credit and FICO scores.

Why Choose A Personal Loan Over A Traditional Loan? | Posted 05.02.2015 | Money

All loans are not created equal, and in recent years the personal loan has become a great option for people to use. However, you might be wondering just what makes a personal loan different from a traditional loan from your bank.

Hunter Stuart

Used Car Dealership Hit With $8 Million Fine For Allegedly Harassing Customers | Hunter Stuart | Posted 11.21.2014 | Business

Elizabeth Warren's brainchild watchdog agency is cracking down for the first time on a used car dealer that also acted as an auto lender for allegedly...

Want to Save More Money? Join a Credit Union

Charisse Amanda (Conanan) Johnson | Posted 01.07.2015 | Money
Charisse Amanda (Conanan) Johnson

If you want to have more money to do stuff with, then setting up a savings account at a credit union is one powerful way to do so. Whether you want to save more as an individual or as a family there is no shortage of information touting the benefits.

5 Frustrating Debt Traps and How to Avoid Them

Benjamin Feldman | Posted 05.18.2014 | Money
Benjamin Feldman

It's still all too easy to get ensnared in a nasty debt trap that could derail your finances and prevent you from accomplishing your dreams.

What's The Worst Kind Of Debt? | Posted 11.06.2013 | Business

What is the worst kind of debt to carry? Is it student loan debt, credit cards, a mortgage -- or something else? Even the experts don't always agree on which debts are "good debt" and which ones are "bad," so imagine how confusing it can be to consumers who are dealing with debt!

The Secret to Beating a Car Dealership

Adam Levin | Posted 10.22.2013 | Business
Adam Levin

While it's true that getting a good price is a big part of the hunt, the biggest, most important, super-secret strategy to turn the stealth hunter (them) into the prey: stand tough and fight to maximize your dollar throughout the process.

A Look at the Dangers of On-the-Lot Financing

Drew Hendricks | Posted 05.15.2013 | Business
Drew Hendricks

On-the-lot financing is becoming more popular as many people with bad credit or no credit attempt to buy vehicles. However, for many, the loans that buy them a dream car turn out to be a nightmare.

How He Paid Off $26,500 In Debt In Two Years

Posted 01.09.2013 | College

To college graduates saddled with student debt, reaching a day when they don't have to make a monthly payment may seem far off, especially since U.S. ...

The State of Lending: Progress & More Work

Ellen Schloemer | Posted 02.09.2013 | Money
Ellen Schloemer

This week, the organization I work for -- the Center for Responsible Lending (CRL) -- will release the first in a series of reports on the prevalence ...

I Pared My Life Down to Only 100 Items

LearnVest | Posted 12.10.2012 | Women

Because we were working so much (my husband was a service director in the automotive industry), we had this mentality that we deserved to be rewarded. I was constantly spending on clothing and accessories; my husband and I would treat ourselves to dinners out and expensive vacations.

How You Can Afford A Car, From Alexa von Tobel (WATCH)

Posted 08.21.2013 | Home

Buying a new car is a big decision. Alexa von Tobel, Founder & CEO,, gave advice on purchasing cars when she joined me on Mondays With M...

How to Borrow Money to Buy a Car (Even If You Have No Credit History)

Jeanne Kelly | Posted 08.07.2012 | Money
Jeanne Kelly

If you're not in this situation, imagine how hard it would be to try to build a credit history when no one will give you credit. If you're IN this situation, it probably feels like you have an up-hill battle just to get those essential-to-life loans that other people take for granted.

Loren Berlin

Man Duped by Car Loan Scam Tells His Story | Loren Berlin | Posted 04.05.2012 | Money

Scott Zane, 42, was desperate the day he contacted Hope for Car Owners. It was the summer of 2010, and the Orlando, Fla.-based IT specialist had recen...

Loren Berlin

Feds Crack Down On Auto Loan Scammers | Loren Berlin | Posted 04.05.2012 | Money

Car owners, beware. Fraudsters have launched a new scam in which they offer to help struggling car owners rework the terms of their car loans, only to...

Sharon Silke Carty

Watch Out For These Car Salesman Scams | Sharon Silke Carty | Posted 03.14.2012 | Money

Oliver Eikenberry was initially very happy with the slightly used 2009 PT Cruiser he bought three years ago. He got a car he liked and a monthly payme...

Subprime Auto Loans Growing In Popularity

Posted 07.31.2011 | Business

NEW YORK (David Henry) - Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when "subprime" ...

The Re-Inflating Car Bubble

Catherine Lutz | Posted 05.25.2011 | Business
Catherine Lutz

The much-touted improved profitability of many car companies is not based on earnings from manufacturing or selling the vehicles but from charging interest.

The Financial Burden of Being Mobile

Catherine Lutz | Posted 11.17.2011 | Healthy Living
Catherine Lutz

Young or old, profligate or prudent, first-time lessee or seasoned buyer, many Americans have little idea of the true financial cost of car ownership. How can we reduce the cost of being mobile?