Auto Financing

Can I be arrested for default on Payday Loan?

December 19th, 2008 at 11:15pm By Michelle
Under Auto Financing

Thus, the answer to the question, “can I be arrested for default on a payday loan” lies in your own motives. If they are honest and you have not committed any sort of fraud in obtaining your payday loan, then you will not be arrested if you default.

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Auto Financing

November 17th, 2006 at 10:18am By Dennis
Under Auto Financing: Buying New Cars: Car FAQ

Negotiate and settle on an exact price for the car before you discuss financing. Sometimes dealers will give you a break on one aspect of a car purchase–say, a low-rate loan–but then increase up the price of the car to compensate. Beth Kobliner, Get a Financial Life (1996)

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Car Down Payments

November 17th, 2006 at 10:15am By Dennis
Under Auto Financing: Buying New Cars: Car FAQ

Be wary of financing options that require “no money down” or a very low down payment. A low down payment increases the size of the loan you will need and the amount of interest you will pay over the life of the loan. Beth Kobliner, Get a Financial Life (1996)

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Check Car Finance Interest Rates Before Buying

November 17th, 2006 at 10:14am By Dennis
Under Auto Financing: Buying New Cars: Car FAQ

If you are interested in buying a new car, before you set foot in a dealership, check with a credit union and at least two banks. In some cities, the difference among bank rates can be more than four percentage points.

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