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Posts Tagged ‘Down Payment’

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 [...]

Can I get a better deal buying a car in a down market?

Friday, March 6th, 2009

A recent customer asked us if they can get a better deal today than they could have six or twelve months ago. I often wonder (when I get questions like this) if I should just give them the short answer they WANT to hear, or if I should explain to them the truth, and risk [...]

Can I delay my down payment on an auto loan?

Tuesday, March 3rd, 2009

Some dealers will suggest delaying the down payment on your loan. We do not recommend doing it. In fact, if your dealer suggests it, we say walk away.

Tips for saving up down payment

Saturday, February 21st, 2009

Sometimes, the only way people can be approved for a car loan is with a down payment. If a lender requires $500, $1000, or $2000 more than you currently have, what are some ways to come up with the money in a relatively short amount of time? Do you drink Starbucks coffee every working day? [...]

Do I have to prove my income for an auto loan?

Monday, February 9th, 2009

How does the current financial market affect you if you are looking for an auto loan? If you have good credit, it might only affect you if you have negative equity in your trade. If you do not have perfect credit, you can count on probably having to prove your income.

Change of Heart? Prestige Financial Back in Washington…Kind Of

Wednesday, January 28th, 2009

Prestige Financial will continue to work with Washington Auto Credit to assist those with open bankruptcies obtain auto financing.

Prestige Financial Stops Doing Business in Washington State

Friday, January 23rd, 2009

Prestige Financial is no longer accepting auto loan applications in the State of Washington. Prestige was Washington’s leader in bankruptcy auto financing.

Bad Credit Car Loans No Money Down

Saturday, January 17th, 2009

Have Bad Credit? Need a car? Want to know if a bad credit car loan with no money down will work for you? Read this article and find out.

WSECU says, “No More Sub-prime Auto Loans”

Wednesday, January 14th, 2009

WSECU will no longer be doing subprime auto loans. The sub-prime department closed down last week, and is not originating more auto loans.

Inside Information from a Mortgage Lender

Friday, January 2nd, 2009

Understand more about mortgages. How they work, and how to get a home loan.

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