When purchasing a new car, if you're presented with an option of choosing either a manufacturer rebate on the vehicle or a low interest rate on the financing for the vehicle, consider yourself lucky.
The act of applying for credit sets a process in motion to determine your overall credit worthiness. No matter what kind of credit you want to apply for, there are many things you can do to improve your chances of getting approved. When you apply for credit of any kind, you should keep these five simple rules in mind.
Gap insurance is often overlooked and sometimes misunderstood. Should your newer auto suffer a terminal accident or theft, gap insurance will pay off your loan if your balance is more than the value of your car. Here is a simple example that should explain how gap insurance works.