July 23rd, 2015

15 US Cities With the Highest Amount of Auto Loans

Auto Loans

Cars have been a defining element of American life since the first Model T rolled off Henry Ford’s assembly line in 1908.

According to the sales tracking company Autodata, Americans bought 16.5 million new cars in 2014. This fascination isn’t cheap: the average cost of a new car was $31,252 in 2013, according to TrueCar.com, and it’s rising fast.

Continue Reading | 3 Comments | Twitter | |

October 3rd, 2014

10/7/14 Tweetchat: Credit and Your New Car

tweetchat th

Join our Tweetchat on Tuesday, October 7th at 2PM PST. This week we'll be discussing how your credit score affects the car-buying process.

Continue Reading | 4 Comments | Twitter | |

December 20th, 2012

Do Electric Cars Really Save You Money?

Do Electric Cars Save Money

>With hybrid and electric cars becoming ever more popular, have you ever wondered if they really do save you as much money as some may think? The answer may surprise you.

Continue Reading | 2 Comments | Twitter | |

November 19th, 2012

My Best and Worst Financial Decisions Ever

My Best and Worst Financial Decisions Ever

Most of what you read in personal finance blogging tells you that you need a perfect credit score. While many of us think about credit scores as a quest for 850, there is really no need to have a perfect credit score.

Continue Reading | 7 Comments | Twitter | |

November 16th, 2011

Car Sales On the Rise: Why?

car lot th

According to statistics published by the Federal Reserve and reported by Businessweek, non-revolving credit experienced an $8 billion dollar boost during the month of September. This gain was comprised of school loans, mobile home loans and car loans. While downgrading to a mobile home and borrowing money for school makes sense, especially in September, an increase in car credit may seem out of left field at first glance.

Continue Reading | No Comments | Twitter | |

April 19th, 2011

Review: Progressive Snapshot Discount Rewards You For Driving Less and Braking Softer

shot th

Do you know Flo, the Progressive Insurance spokesperson? Well, she’s got something new in store for Progressive customers, and this product won’t cost them a cent. In fact, it’ll most likely save them money.

Continue Reading | 106 Comments | Twitter | |

April 15th, 2011

How Key is Your Car’s APR?

car th

When shopping for a car loan, many consumers commonly believe that monthly affordability should be the only concern in order to avoid the risk of defaulting on payments. Your monthly payment is important, but your APR is just as crucial.

Continue Reading | 1 Comment | Twitter | |

March 4th, 2011

How to Make the Most Out of Your Car Purchase

car purchase thumb

When you think about the first “big” purchases of your lifetime, a car is usually is one of them.

But, cars, like all other “big” purchases, come with a big price tag. Here's your steps to a credit-savvy & sweet drive.

Continue Reading | 5 Comments | Twitter | |

January 21st, 2011

Building Credit with an Auto Loan or Car Payment

build credit

Whether you’re working on improving your credit health after a bankruptcy or just getting started as a borrower, making car payments on an auto loan is an excellent way to establish or build your credit score.

Read this guest post from MoneyAisle on how car loans can help prove to lenders that you are creditworthy.

Continue Reading | 24 Comments | Twitter | |

December 2nd, 2010

Best Practices for Buying a New Car

car shopping thumb

With cash in your pocket and a new car on your horizon, you may feel like a kid in a candy store as you stroll into a car dealership. But in reality, when you walk into a showroom without the proper preparation, you’re more like a bull in a china shop, wherein the china shop represents your precarious financial situation. Take the following steps before buying a new car to ensure you get the best deal.

Continue Reading | 4 Comments | Twitter | |

Advertiser Disclosure: The offers that appear on this site are from third party advertisers from which Credit Karma receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). It is this compensation that enables Credit Karma to provide you with services like free access to your credit scores and free monitoring of your credit and financial accounts at no charge. Credit Karma strives to provide a wide array of offers for our members, but our offers do not represent all financial services companies or products.

Editorial Disclaimer: Content on the Credit Karma Blog is for entertainment and information purposes only. The opinions expressed on the blog are those of the authors themselves, and not necessarily Credit Karma or its affiliates. However, Credit Karma may be compensated by companies mentioned in the Credit Karma Blog through advertising, affiliate programs or otherwise. It is this compensation that enables Credit Karma to provide its members with services like free access to your credit scores and free monitoring of credit and financial accounts at no charge.

Archives

Categories