Good Credit Delivers Better Car Interest Rates
The auto manufacturers are rewarding good credit these days with low interest
rates and special cash back rebates.
It is no secret that the economy has taken a
slight dive, and with that car sales have slowed...
More
Good Credit Delivers Better Car Interest Rates
The auto manufacturers are rewarding good credit these days with low interest
rates and special cash back rebates.
It is no secret that the economy has taken a
slight dive, and with that car sales have slowed down.
Many people are keeping their
cars longer then ever before in an attempt to save money.
The car companies are
trying to lure new buyer is with very attractive financing incentives such as 0% APR
on new vehicles.
This is basically the same as paying cash, although over a fixed
term.
The only catch: these special programs are only given to individuals with very
good credit scores and credit reports.
Some of these special incentive deals require
scores above the 720 mark, which today is a very small percentage of the
consumers.
Even just one late payment can drop your score over 60 points, making
these financing deals difficult to qualify for.
Most of these deals are coming from the in-house financing companies.
As an
exam
Less