Dear CarFriend, I noticed that CarFinance.com has changed ownerships and I need to find the loan lien holder of my existing loan. You wouldn’t happen to have that information would you? Sincerely, Brianne Dear Brianne, The only information we have is that the domain name was owned by eLoans. Contact us directly to see what we can do. Another option read more..
“If I Am Trading My Car in at the End of the Month, Should I Pay This Month’s Auto Loan Payment?”
CarFriend, I have decided to buy a new car this month, should I still pay my auto loan for this month? I mean I am trading it in. What’s your opinion? Alexander Dear Alexander, Our opinion is that you should definitely pay the auto loan this month. It will save you some money in the long run. Since you haven’t read more..
“If I Am Behind on My Payments, Where Do I Go to Refinance My Auto Loan?
Dear CarFriend, I have had my auto loan for two years now, and I am looking to refinance the auto loan to save some money. Sadly, I am behind on my payments, and about four years back, was in a bad credit situation. Where can I go to refinance my auto loan? From Sonya Dear Sonya, Due to your situation, read more..
“What is the Best Car For New Drivers?”
Hi, there CarFriend! I want to buy a car. But since this would be my first car, what, in your opinion, is the best car for new drivers? Sincerely, Lauren Dear Lauren, That is hard to say, since it really depends on how much you can afford and what your priorities are. To figure out how much car you can read more..
“My Spouse Has Good Credit and I Have Bad Credit. Should We Apply Together for the Car Loan?
Dear CarFriend, I just recently got married and we are looking to purchase a vehicle. I have bad credit, but we just found out my wife has pretty good credit. What is the best way for us to go about getting the best car loan? Sincerely, Justin Dear Justin, There are two ways for you and your wife to get read more..
“Is a 78 Month Auto Loan Term Too Long?”
Dear CarFriend, I just applied for a car loan from another lender (Sorry, I just found out about you guys). They gave me a loan term of 78 months. This would be my first car loan. Is that an average loan term? And should I then accept it? - Sammy Dear Sammy, Please turn down that offer as soon as read more..
“How Do I Sell My Car Under Divorce Circumstances?”
Dear CarFriend, I just got divorced, and want to sell our car. My husband’s name is on the title (joint credit), but I am the one paying the auto loan off and in possession of the vehicle. How would I go about selling the car? Sincerely, Lydia Dear Lydia, Unfortunately, there is nothing you can do until your husband removes read more..
“Does Your Credit Score Improve Once You Pay Off the Car Loan?”
Out of curiosity, does your credit score improve once you pay off the car loan? - Tony Dear Tony, Unfortunately, your credit score does not improve once you pay off the car loan. The reason is due to the car loan being a financial contract, you promise to pay $X amount at an interest rate of X% over X months. read more..
“Will Paying More a Month Save On the Auto Loan Interest?”
Dear CarFriend, I recently got approved for an auto loan. Right now, I am making enough money that I want to put more down on the monthly payment. Will I still be charged the same amount of interest if I pay more than the required monthly payment? - Jodie Dear Jodie, If you are paying more than the required auto read more..
“Where Can I Find the Best Car Loan?”
Hey, CarFriend I am looking into buying a new car. Where can I find the best car loan? I don’t know much about car loans, and am unsure of what to look for. Best regards, Ben Dear Ben, In order to get the best car loan, pay attention to these factors: monthly payment, interest rate, car loan term (in months), read more..
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