myAutoloan.com Automotive Finance Blog

Direct To Consumer Auto Loan and Auto Loan Refinancing

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Apr
22

myAutoloan Gives Back

Posted by Heather

myAutoloan.com Announces Philanthropic Initiatives for 2008. When you give you receive. We all know that saying. No matter how hard we work during the week. No matter how many projects fill our plates. We still manage to give back to our community. What a great place to work.

To read more about view the official press release on PR Leap. http://www.prleap.com/pr/118201/

Apr
09

Auto Industry in Trouble? Think again.

Posted by Heather

From all the stories in the press, the financial markets continue to push downward the “doom and gloom” scenario of the subprime lending fiasco.  Where is it landing?  It’s headed towards the auto finance marketplace.  What is being said on the street is that the major lenders have no money to lend as they try and cover their losses from the subprime blow up.  Has there been any sign of that?  Yes, in new car purchases but certainly not in auto refinance loan approvals or applications.  We are seeing the lenders looking favorably at the thousands of refinance applications that we receive and have see a dramatic increase in not only applications but with refinance fundings.  It’s a good time to investigate since there are not costs associated with an auto refinance inquiry.  What have you got to lose?  Lower rates mean lower payments and lower costs.  Not a bad thing.

 Read more at the Press Release posted on PR Leap. http://www.prleap.com/pr/117080/

Mar
26

Fed Cuts Rates Again

Posted by Heather

Interest rates have slowly ticked down in the last six months. With gas prices slowly going up and rates going down, it is a great time to refinance your vehicle and take advantage of the potential savings.

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See current auto loan rates.