Auto Finance Blog | myAutoloan Blog

What’s Your Credit Score? If it’s high, Now is a Good Time to Borrow In this crazy lending market, interest rates have remained at historic lows but all the banks have gotten so picky that most requests for loans go unanswered.  There is an old saying that goes, “If you don’t need the money, you [...]

I was out sorting thought various news items when I came across this bit of info.  It did not give any credit to the author but I thought I’d share the math on the clunkers program with our readers. I’m really not trying to be judgmental but as they say, you do the math.  Let [...]

myAutoloan.com has updated their “Rate Offering” advertising charts with some of the best car loan rates available these days. The new car loan rate is close to the lowest auto loan rate available in the market, on their multi-lender platform, where the current new car loan rate is posted at 5.5 percent for car loans [...]

Yesterday, in an article published by the Detroit News, business and marketing research firm Experian Automotive released data that shows auto loans that are 60 days past due rose by 21.2 percent in the second quarter from year-earlier levels. In the second quarter, 0.80 percent of car loans were 60 to 89 days past due, [...]

In an article distributed by Auto Remarketing, written by Group Editor J. Reed, it recapped Edmunds.com’s analysis of the just concluded “Cash for Clunkers” program statistics provided by the DOT. Why is this important?  As hard as we try to trust our leaders and rely somewhat upon what they say to be true, huge discrepancies [...]