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Call a lender, tell them how much you want to borrow and what type and age of car you are looking for. They will take some financial info and tell you how much and at what rate they will loan you.
It's very easy to get pre approved for used car loan there are many online sites provide pre approved car loan you have just fill out small form and their officer will contact you within 48 hours about your approval status.
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∙ 6y ago
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If you and your spouse cosign a preapproved car loan from a bank and you are the primary can you alone go purchase the car at the dealer and put it in both names or must your spouse go with you too?
Your spouse needs to be present.
How do you get out of a used car loan?
To get out of a used car loan, pay off the loan or find someone else who will do that.
Where can I find the best used car loan rate?
Some of the best deals on used car loan rates are found right at the car dealership selling the used car. If the used car is being purchased directly from an individual, the best deal for a loan would be from a local bank.
Can a financed car be used as collateral for a loan?
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
Can credit union hold title on car if car used as collateral and loan is default?
Yes. That's why the credit union has possession of the title. If you used the car as collateral for a loan and default on the loan the lender will take possession of the car and sell it to offset what you owe on the loan.
What is the difference in interest between car loan and personal unsecured loan and which is better a car loan or personal loan?
personal loan have a higher interest rate than car loans beacause they are unsecured loans . In car loan the loan is used for only purchase car .In a car loan, the loan is only used to buy a car, but you can use it as personal items in a personal loan. Interest rates start at just 8.50 percent for a car loan, but can rise 16 percent based on one's credit score and credit history. Find out more, please click https://www.indialoanservices.in
What is the maximum interest rate for a car loan in Pennsylvania?
what is the maximum rate for used car loan in Pennsylvania
What is the different between having a home loan preapproved and prequalified?
A preapproval on a home loan is a simple letter stating that you make enough income to purchase a certain price amount on a house. Prequalified means that you have actually qualified for the loan to buy.
Where can one find the cheapest used car loan rate?
One can find the cheapest used car loan rate on websites that compare car rates. An agent will be happy to help you find the best car loan for you, and you will save money.
Where can one find a used car loan calculator?
There are several places that one could find a used car loan calculator. Many banks offer loan calculators as do used car sites. Edmunds, as well known car reviewer, offers this service as well.
How does a preapproved auto loan work?
A pre-approved auto loan works by showing the dealership a pre-approval letter. They will check over everything and then they will send you all the paperwork involved. Afterwards, you show all the paperwork to your bank and acquire your loan.
What are the average rates to refinance a used car loan?
There are several average rates to refinance a used car loan. The average rates to refinance a used car loan are 3.63%, 3.74%, and 4.61%. The rate that one is given depends on their history, type of vehicle, and location.
