Albert Medinas's Articles in Loans - Finance Manual - Finance Article Directory

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Albert Medinas's Articles in Loans

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Help Me! Bad Car Loans Have Ruined My Life! When you are sitting across from the credit manager at the dealership and only a few feet away from the car of your dreams, you really want to believe every word he says. But if you have poor credit history, you know there is no way to get that shiny new car through a bank loan - and he knows it, too! Why Does My Auto Loan Hate Me? I Thought We Were Friends! Most of us fall in love with a car at a dealership and that’s the end of the story. Hey, where do I sign? Even if we do a great job of chipping away at the sticker price and feel pretty darn good about ourselves, we often get burned on the financing end of things. This is especially the case for people trying to score an auto loan with some bad marks on their credit report. Why Won’t My New Car Just Let Me Eat? Just looking at it is enough to depress you, isn’t it? The payment on your new car isn’t just depressing, it’s a nightmare that’s not going to end for five years - meaning that you are going to be pinching pennies and surviving off of mac & cheese for awhile! The new car loan rate on your “new baby” is enough to make your palms sweat - and your bank account empty. Sure, you made a few mistakes with the plastic when you were in college, but was it enough to justify an 18% APR on a $25,000 car?

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