Saturday, October 10th, 2015

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What is an Auto Loan?

An auto loan is a personal loan to finance buying a car. Are you ready to buy a new car? Apply for an auto loan today!

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Find the Best Rate

The rate you get on an auto loan can affect the car’s ultimate cost. To get the best rate on a car loan you should know what you can afford, how much you can pay per month and how long you want to take to pay it back.

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It’s a Great Time to Buy a Car

Right now interest rates are low. However, this could change any day. If inflation gets too high the Fed will raise the rates; a higher interest rate could raise the price of your car substantially. Low- or no-interest loans can save you thousands of dollars.

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Get Pre-Approved for a Car Loan

Fewer people are buying cars and car salesmen are much more eager to make a deal; big discounts, cash back, and generous financing terms are just a few of the things you can take advantage of. The best way to get a good deal on a car is to go into the dealership pre-approved for a loan.

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Use the Young Money Auto Loan Calculator to determine how much of an auto loan you can afford. Your monthly car payments must fit into your budget. No one wants a car loan they can’t afford to pay! This calculator will assist you in determining your monthly auto loan payments or your auto purchase price.

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