Auto Finance 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 can [...]

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 me [...]

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 [...]

With the passing of the ‘Clunkers’ program, there is plenty of speculation remaining as to whether or not the program was successful.  That sort of depends upon where you are viewing it I suppose, but no doubt, some good things did happen.  Putting cash in the hands of consumers via the rebate clearly sparked some [...]

In an article published by SubPrime Auto Finance News,  J.D. Power and Associates  have discovered that dealer satisfaction with lenders declined “considerably” from 2008 in all four segments reviewed in the Dealer Financing Satisfaction Study.  Is it any wonder that this occurred when all the lenders are holding on to their cash tighter than a [...]

Hey! We would love to have you as a customer! Next time you are in the market for a car, consider getting comparison financing quotes by completing just one application. When you apply at myAutoloan.com you get superior auto financing deals with improved customer services. Whenever we provide an offer to an auto financing application, [...]

General Motors Co. and Chrysler Group stepped up their lobbying Thursday against bills in the U.S. House that would reverse their cuts in dealerships, arguing the moves threaten their survival out of bankruptcy, stated an article in FreePress.com.
Dealers have been pushing bills in Congress that would undo any changes made by Chrysler or GM in [...]

We get calls everyday with questions about auto refinancing. It’s often confused with mortgage refinancing and the criterion really is much different.  So let’s see if we can provide a quick overview of why this auto finance  tool is becoming so popular.
Answers to frequently asked questions about refinancing an auto loan.
Q: What is an auto [...]

Thursday, June 11, 2009  8:09am
The auto industry and lawmakers are pushing for quick Senate action on “cash for clunkers” legislation to boost auto sales, after the House overwhelmingly passed such a bill Tuesday. But it remains unclear when Senate supporters may overcome the objections of Senate appropriators and a group of senators who say the [...]