Auto Loan Daily - Featured Articles

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	What is an Auto Loan Specific Credit Report? Credit reporting agencies have a credit report that is specifically tailored to auto loans. This auto loan specific credit report uses a different formula than a normal credit report. The auto loan specific credit report is available only to banks and credit agencies that give car loans and helps them decide how much of a risk you are. The auto loan specific credit report looks at [...] .. Read More.
	Ways to Improve Your Credit to Help Get an Auto Loan How do car shoppers give themselves the best possible chance to get approved for an auto loan? They have to go in with the best possible credit score they can. Harriet Johnson Brackey, personal finance columnist for the South Florida Sun-Sentinel, and Gerri Detweiler, credit advisor for credit.com, have several tips for consumers to help boost their credit scores in a short-term time frame, abo[...] .. Read More.
	Is it Harder Now For Buyers to Get Approved For an Auto Loan? If you’ve read a newspaper, gone online or watched the news recently, you probably have seen reports saying that car shoppers are having a very difficult time getting approved for an auto loan. GM’s finance arm, GMAC, said that unless you have a 700+ credit score, you won’t be considered for a loan. Other banks and lenders are also tightening credit restrictions and making[...] .. Read More.
	Big Three Bailout - What Do You Think? The auto industry bailout is big news. It’s even big enough that late night talk show hosts and Saturday Night Live are making fun of it. We wanted to know what people think of the bailout, and whether or not the Detroit Big Three should get the loan or go into bankruptcy. So we hit the streets here in Fort Lauderdale, Fla. and asked people what they think of this whole auto industry bailou[...] .. Read More.