Saturday, November 1, 2008
TODAYâS MONEY-SAVING TIP: pUT MORE MONEY DOWN ON CAR LOAN FOR BETTER CREDIT TERM (The Citizens' Voice)
â" STAFF REPORT Banks and finance companies are tightening their standards for borrowers, especially on larger loans with terms of 60 months or more. For those in the market for a new car, plan to put substantial amounts of money down as part of the deal. This will increase your chances of getting a better credit term. With more car loans going into default, fewer people are qualifying for the ...
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