Buy Here Pay Here Dealers: How In-House Car Loans Work
In-house financing gets people with poor credit into a car, at a price. How these loans are structured, what tracking devices can and cannot do, and what regulators have found.
Category: Loans & Insurance
Auto loans, leasing, car insurance rates and the federal and state rules behind them, in plain English.
Upside-Down Car Loan: What Negative Equity Means and How to Fix It
Owing more than your car is worth is common in the first years of a long loan. The fix depends on whether you need to get out now or can wait.
Yo-Yo Financing: What Happens When Car Financing Falls Through
Spot delivery lets you take a car home before the loan is final. When the dealer calls you back for a worse deal, you have choices, and the paperwork you signed decides most of them.
SR-22 Insurance: What It Is, How Long You Need It and FR-44
An SR-22 is not a type of policy. It is a promise from your insurer to the state, and the state hears about it the moment your coverage stops.
Lease vs Buy a Car: How the Payment Works and Which Costs Less
A lease payment has two parts, and both can be checked. Buying wins over time for most drivers, while leasing suits people who swap cars every few years.