;)
Cornfield, a retirement analyst for Bankrate, notes that “if you are human, have a pet, kids, a house or a place to live, something is going to happen that will cost you money.”
However, our changing economy, demographics, and spending patterns has left many Americans strapped for cash, and more have had to sacrifice proper car maintenance because they just don’t have the funds to pay for it.
AAA recently conducted a study that led to an alarming statistic – 60 percent of Americans don’t have enough savings to cover a $500-$1,000 unexpected expense, such as a brake malfunction or a new radiator.
Instead of worrying about such problems, those in need should consider auto loan refinancing as a way to lower their monthly payment. This would give them extra funds to put towards emergency situations such necessary repairs.
Additionally, purchasing a vehicle service contract, though a potentially higher upfront cost, could save money in the long run because they cover the expensive parts and repairs. This will reduce the potential for a vehicular issue to unwind a person financially.
You can refinance a car loan with bad credit. But you might miss out on the best interest rates. If your existing auto loan payment for a new or used car is putting a strain on your budget, refinancing could be the solution you’ve been searching for. A refinance…
There's no shortage of lender options to refinance your car loan. Is a credit union best for you? So, you’re in the market for a new auto loan. Maybe your credit has improved since you first bought your car. Or perhaps you’re unhappy with your current lender. There’s no…
Yes, you can trade in an upside-down car. But that doesn’t mean you should. They say life comes at you fast. Well, so does car depreciation. The typical new car loses more than 10% of its value in the first month of ownership — and 20% in the first…