Secured Loans Or Unsecured Loans? Which Is Best? There are only a few cases where this discussion needs to be made by you. Most often the lender, based on your application, will let you know which product they are prepared to offer you, as well as the terms. Sometimes there is no choice. Depending on the strength of the application, you may not meet the … [Read more...]
Archives for March 2015
Why Interest Rates Are Lower On New Car Loans
New Car Applications Are A Better Risk To Lenders. Lenders, particularly banks advertise car loans with low interest rates. You don't often see low interest rates advertised for used car loans. One reason is that used cars will retain their value longer, especially over the loan term; typically 5 years. Another reason is that new cars are kept in better … [Read more...]