Narrow use of funds. Like a personal loan, a car loan is a type of installment loan, which means you are approved for a certain amount and receive the proceeds upfront to cover the costs of the car.

The Dealertrack Auto Credit Total Loan Index tracks how difficult it is to qualify for all types of car loans. It increased in March, meaning borrowers had an easier time qualifying for car loans last ...

That said, you're more likely to qualify for a loan with a high interest rate, making your car purchase expensive. Make sure to shop around and get multiple loan offers so you can compare the ...

Used Car Loans The second-hand market offers a range of financing deals. Interest rates here are typically higher, reflecting the increased risk for lenders. But used car loans present a great option ...

Whether you want to take out a loan to pay off debt or make a big purchase, personal loan rates are an important consideration. Find the best low interest personal loans here.

This woman paid over $40K over three years to reduce the principal of her car loan by only $10,000, with the remaining going towards interest payments.

According to LendingTree, the average monthly car payment was a record-high $738 ... terms and interest rates. Always check online lenders too, as they have some of the best deals around. Different ...

Paying higher interest rates? It could be due to mistakes on your credit ... “I went to go apply for a loan, a car loan, and I was denied because they found an unpaid bill,” Vargas said, knowing he ...

On top of that, interest rates for loans and insurance costs have also skyrocketed. The Federal Reserve says the number of people missing their car loan payments are at their highest level since 2008.

If you have a CIBIL Score of 720 or higher and meet the basic income parameters ... With a simple application process and competitive used car loan interest rate, Bajaj Finserv Used Car Loan is an ...

Your credit score is one of the main factors in the interest rate lenders charge you. Check out a helpful move you can use to give your score a boost.

Rise in non-performing loans attributed to high interest rates, sluggish economic growth Moreover ... Agribusiness defaults rose to Rs65.9bn, while the auto sector’s defaults increased to Rs19.3bn, ...