Resources & Articles

5 Car Sales Facts Worth Knowing

Posted on January 30th, 2014

ride today loans 27Wil Randloph wrote an article that was recently posted on the Fox News website. As someone who sold cars for almost four years, Randloph certainly knows a thing or two about car sales. In the article, he divulged important information that every car buyer should know. Found below are five of the things he shared in the article that are worth keeping in mind. Read on if you are planning to buy a car soon.

(more…)

U.S. Banks to Slow Down Auto Loan Growth

Posted on January 30th, 2014

ride today loans 26Banks had remarkable auto loan growth in 2013, but they are not expected to replicate their impressive lending performance in 2014. Some banks will reportedly ease back on auto loan originations this year in order to safeguard returns.

(more…)

White Car Buyers Found to Receive Better Interest Rates

Posted on January 30th, 2014

ride today loans 25A Wall Street Journal article suggested that the Consumer Financial Protection Bureau (CFPB) may have been on to something when they started investigating racial discrimination on auto loan lending. According to the article, white car buyers got better interest rates from auto dealers compared to minorities. Whites also got the better rates even when they didn’t haggle for them. This revelation emerged from a consumer group’s survey of car buyers.

(more…)

Growth of Auto Repair Shops Slowed in 2013

Posted on January 27th, 2014

ride today loans24Severe winter conditions may be a bane for most, but not for auto repair and maintenance shops in the United States. The cold and icy circumstances could be a boon, as these could bring more business to an industry that had slow growth last year. Forbes recently reported that while U.S. auto sales were impressive last year, the auto repair and maintenance sales were not.

(more…)

Is Small Unsafe? Subcompact Cars Did Poorly in Crash Test

Posted on January 27th, 2014

ride today loans 23Many car buyers favor small cars for a number of reasons, but a current report may cause future shoppers to think twice about choosing small. It was recently revealed that many of the smallest cars sold in the United States fared poorly in a crash test conducted by the Insurance Institute for Highway Safety (IIHS).

(more…)

Green Vehicle Loan Program May Expand to Include Suppliers

Posted on January 27th, 2014

PrintBloomberg recently reported that the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program, which aims to produce more fuel-efficient automobiles, may expand to include suppliers. According to U.S. Department of Energy (DoE) Secretary Ernest Moniz, the program could render suppliers eligible for the remaining funds worth over $15 billion.

In his statement at the Washington Auto Show, Moniz mentioned that they were considering granting the supply chain with a loan program. He also said that the supply chain may be a focus for the new program. However, Moniz did not say when the program will be revived, only saying that he hoped it would be soon.

(more…)

Car Dealer Fees – What You Should and Shouldn’t Pay

Posted on January 22nd, 2014

feesHere is what all car buyers should know: the cost of the vehicle is not the only thing you will pay for. When you set a budget for an auto purchase, think beyond the car’s price. An auto purchase at the dealer comes with a number of other fees, some of which you shouldn’t pay. Find out what fees you are required to pay and those you should avoid by reading on:

(more…)

Tips to Remember When Buying a Used Car

Posted on January 22nd, 2014

usedcarsPlanning to buy a pre-owned car? Buying used is trickier than buying brand new, but it need not be too difficult. Just keep these tips in mind to have an easier time and to lower your chances of bringing home a lemon.

(more…)

FTC Cracks Down on Deceptive Auto Dealer Advertising Practices

Posted on January 22nd, 2014

deceptive car adMany consumers dread the experience of buying cars because they distrust dealerships. They believe dealers fool them during the car buying process. Recently, it was proven that there are dealers that do deceive consumers, and this is even before the transaction begins. The Federal Trade Commission recently found several U.S. car dealers guilty of misleading consumers through advertisements and promptly took action.

(more…)

How Auto Loans Help and Hurt U.S. Banks

Posted on January 17th, 2014

banksAuto loans were a blessing for U.S. banks last year. Increased auto loan origination brought more earnings for banking institutions hurt by low mortgage demand. However, with growth came unwanted attention. As The New York Times’ DealBook recently reported, car loans attracted not only profits but also scrutiny for banks that offered them.

(more…)

 
 

View All

 

 
2019-11-13
 

 
Good Credit (725+)
Fair Credit (630+)
Poor Credit (575+)
Bad Credit (525+)
No Credit
 
Don't know your credit score? Get it now for free!

Gross monthly income?
(Do not include commas or $ sign)
$
Other Monthly Payments
Rent or Mortgage $
Credit Cards $
 
   
HomeOnline ApplicationFAQTestimonialsResourcesContact Us
HOME     |      SWITCH TO MOBILE      |     BLOG      |     HELPFUL INFO      |     PRIVACY POLICY      |     SITEMAP     |     CONTACT US
Auto Approval Center is a lead provider to lenders around the US. Average APR rates range from 3.2% to 24% depending on credit. Some dealers/lenders may have implications for non-payment or late payments, please see your specific terms for more information. By applying with Auto Approval Center, you agree to have your credit pulled for lending purposes and this could have an impact to your credit score. Thank You for your business!