Cars are a global necessity, and the auto industry shows no signs of slowing down soon. With the constant demand for vehicles, auto dealerships are realizing how important it is to partner with reputable finance companies to provide loan servicing for their customers. According to FICO's 2019 Consumer Survey, 63% of customers in the U.S. [...]
People with a poor credit score or purchase history may have difficulty in financing a vehicle purchase. This is why it is important to partner with a finance company that will be an asset to your auto dealership. They can help pair you with reliable creditors to assist with financing. One of such reputable finance [...]
On average, car repairs cost between $500 to $600. That’s a considerable sum that leaves many in debt each year. As a result, interested clients opt to either postpone or cancel an auto purchase for fear of not being able to pay their dues. The good news is that a vehicle service contract can help [...]
Buying a car is not as easy as it sounds. There are a lot of things that you need to consider before you decide on purchasing one, as this decision will make a big difference to your finances in the future. Planning to buy a car is not just about selecting the color or the [...]
In 2019, 85 percent of purchases on new passenger vehicles were financed in America. For the first time, the average monthly loan payment rose to $554 due to higher average loan amounts and high APRs. This left countless Americans overpaying on their auto loans, and in 2020, America experienced its highest unemployment rate since the [...]
The average loan for new passenger vehicles surpassed $32,000 in 2019, with the average first-time monthly loan payments rising to $554. Coupled with high APRs and lengthy loan terms, countless Americans pay thousands towards the interest on their loan alone. Like many Americans, you may be asking, “Can you refinance a car loan?” Refinancing options [...]
The automotive industry in America hit record highs in 2019 with an estimated $1.2 trillion in outstanding car loan balances. Today, 85% of new passenger vehicles are financed, with the average first-time loan payment rising to $554 a month. If you’re like many Americans, you may be paying an auto loan that is too costly. [...]
In America, 85 percent of newly purchased vehicles are financed through a loan or lease. Today, most auto loans are up to nine years long for new cars and up to six years on used vehicles. While lengthier loans can reduce a borrower’s monthly payments, it can cost them far more in the long run. [...]
Car buyers have more options available for financing than ever before. For car dealerships to stay ahead of the competition, they need to provide their customers with an array of options that help with all types of financial situations. Those who are searching for dealer financing programs need to look no further than Vantage Finance. [...]
For most people, having a car is a necessity. Unfortunately, cars often come with big payments that can drain a person’s budget and make them feel stressed. There are a few options when you are considering how to lower your car payment, and one of the best is via refinancing. Refinancing a car loan can [...]