please help me to find a private loan agency to get car loan in new york.and the contact details also
There are several company's out there for auto loans for good and bad credit. Make sure you shop around though. Also check with your credit union or bank!
Hi! A year ago when I purchased a new vehicle I put my fiance on the loan as a co-borrower to help out her credit. I am now in the process of refinancing, but she currently has no income, so she would make the rate higher now, so I am leaving her off of the new loan. The question is...... will the payoff to the current bank show on her credit report as a payoff and look as though the car was simply paid for and not refinanced? Not sure how that would look on the credit report or affect her score... any info is appreciated!
I agree with Jay, he is correct.
And-You probably do not want to do busines with Mrs Wall.
yes it will show up as a payoff. As far as the bank is concerned, the loan has been satisfied and there is no more liability on your part.
Okay so purchase price = 26,000
Loan at 23% for 72 months(6years)
If I refinance after 1 year. Am I refinancing all of that 23% intrest, or just the principal balance?
You must have some terrible credit to be paying 23%. If you are able to refinance, it would be for the balance of the loan ($26,000).
You will be refinancing a balance. It dosent sound like a very good deal. Usually cheaper to take out a loan from a bank that to finance usuing a car company.
There are many auto loan options available today. Today, stiff competition among auto loan financing companies%26lt;!--has made it possible to get a car loan or an auto loan at favorable terms.
http://best-loans.awardspace.com/autoloa...
However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car--%26gt;finance option. You can apply for online car loans on the Internet, or get it from your car dealer.
You must be crazy to sign that deal...23% for 72 months?? You will only have to refinance the balance of the loan...make sure you pay every bill on time for the next year to improve your credit rating...you should be able to refinance at a lower rate...you couldn't possible do any worse than what you already have.
Whatever the payoff is. It'll be your principal balance, and depending on the finance company their could be pre-payment penalties you may have to pay. But no, you won't refinance $50,000.
does a banknormally check the references if they are thinking of approving someone? what i mean is i just found out the bank is checking on my personal references does that mean there is a good shot i could get the loan? i would think they would not even bother checking references if they are just going to deny me right??
Wrong, they are checking your references for two reasons, the first is to see if you lied to them and the second is so they will have a way to find you if you don't make your car payments on time.
Actually them checking your references is a good sign. This means that they are thinking about it.
Auto finance is what I do for a living.
They are checking your references in the event that you would stop paying, and or skip town. If the loan process is new than they want to make sure that they can always find out where you are. I would view this as a positive, you where not turned down, they are attempting to find out more of what kind of person you are. I would guess thumbs up and congradulations
I am applying for an auto loan and am new to this. I am not sure what amount to ask for or loan term. I can afford $250-$300 a month.
The smallest amount possible ,
Loans just flush $$$$$ down the drain by paying % .
And Car loan % is NOT even tax deductible !
%26lt;
If you are buying a used car, make sure the term is 3 years and less - a new car - 4 years and less
You should be putting down at least 30% down on a vehicle, so that you don't end up %26quot;upsidedown%26quot; when the car continues to depreciate.
Remember, you must carry comprensive and collision on a car that has a loan attached to it - figure that additional expense in.
Honestly, I think you should save money for a year and just buy the vehicle for cash!
Can I get a loan to buy a vehicle if one of my parents cosign it?
i was in your same shoes a couple years ago. In new york it isnt possible. also you have to ask yourself, are you going to be able to afford it? also are you going to be able to afford sky high insurance rates?
You'll want to check these guys out....99% approval they say.
http://www.123thebest.info/go.php?link=a...
Best of luck to you.
Yes you can. But remember your taking on monthly payments for a long time. Insurance Gasoline and maintence. Better have a good income and about 3 months earnings in the bank.
No, your parent will have to be the primary buyer and you can be the co-buyer..Anyone under 18 cannot enter into a contract.
I secured a loan with a vehicle, however due to an error at the bank I was allowed to keep my title. The title shows me as the owner, with no liens. I have fallen two months behind on my payments, and now the company is trying to get me to add them as a lienholder, or relinquish my title. Can they reposess my car while I am holding the no lienholder title? The car is worth very little money - will they go to the trouble to do so? I don't owe much left on the loan. Thanks.
it's not a matter of how much the car is worth - it's a matter of weather or not you want your credit to go down the toilet because of something dumb.
if they screwed up, it's there problem. they cannot take your car. only thing they can do is take you to court and get a judgement filed against you, and maybe garnish your wages. what ever you do, do not put them on your title as a lienholder. they have no legal right to do that now.
