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Archive for the ‘Negative Equity’ Category

Should I Get a Payday Loan for a Down Payment on a Car Loan?

Friday, June 4th, 2010

Over the years, we have run into literally hundreds of customers that have asked us if they should go to a payday loan company in order to have more money down for their car purchase. For the vast majority of people, it is a bad idea. You might as well be putting the down payment [...]

Auto Lenders Start to Loosen Lending Standards

Wednesday, September 30th, 2009

Is the worst of the financial crisis behind us? Well, I was skeptical, but now I am starting to believe. Several auto lenders have recently announced friendlier loan guidelines, or they plan to by the first of the year. Lower interest rates, higher loan advances, lower acquisition fees. Slowly but surely, things are looking better. [...]

Car Allowance Rebate System | CARS Program Info

Thursday, June 25th, 2009

President Obama signed the long awaited Cash for Clunkers program, and it is scheduled to take effect August 1st, 2009. The Cash for Clunkers program is now called the Car Allowance Rebate System, or CARS, and is designed to both help the environment and stimulate the auto industry. Through the program, consumers can

Don’t Get Caught with Negative Equity on Your Trade In

Wednesday, March 18th, 2009

A little knowledge and preventative measures on your end can save you from owing way too much money on your car and having negative equity.

Are banks still lending?

Tuesday, March 10th, 2009

The credit crunch coverage in the media has convinced people that banks are not lending for auto loans, home loans, or personal loans. This is very over blown. The lenders that are still in business continue to lend. They may have changed their lending guidelines, but they are still lending. For many people looking for [...]

Dealer Inventory in Western Washington

Saturday, December 27th, 2008

Get an auto loan with bad credit. WashingtonAutoCredit.com offers guaranteed credit approval. To find out what that means to you, contact WashingtonAutoCredit.com today.

GAP Coverage Explained – Don’t Get Caught Owing $$$$

Friday, July 4th, 2008

GAP has saved thousands of Americans Millions of dollars, but what is GAP and how does Gap Coverage Work?

Trade in Your Car with Negative Equity

Wednesday, May 28th, 2008

Trade in your car with negative equity. These tips could help you get out of your upside down auto loan.

Negative Equity in Your Trade-in?

Saturday, April 26th, 2008

Also called being “upside down”, having negative equity in your trade in is not a position most people want to be in. There has been an influx of customers with poor credit trying to buy vehicles lately. That is great for us because we help people with bad credit buy cars. The problem is how many people with bad credit want to trade in their current car (that they owe way too much money on), and lower their payment.

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