Giving You a 2nd Chance on Car Loans!

2nd Chance Credit on The Rise!

Sub-prime borrowers are the first to suffer during a credit crunch. It can be difficult to obtain a loan in the best of climates with a FICO under 600, but those under 700 can face restricted lending from time to time. Fortunately, lenders are starting to loosen their death grip on second chance auto loans.…Continue Reading

Auto Loans After Divorce

So, you thought that you were done being hosed over by your ex when the judge ordered them to pay the bad credit auto loan that you co-signed with them. Unfortunately, you are not clear yet. Lenders consider a divorce decree to be an ”outside agreement”. That means that, despite the decree, your credit score…Continue Reading

Looser Credit Drives Increase In Auto Sales

At the height, or depth depending on your perspective, of the financial crisis, it became pretty difficult for the average consumer to get a car loan. ‘The credit markets froze up like the aluminum engine block of a ’74 Vega,’ according to James Appleton, president of the New Jersey Coalition of Automotive Retailers. Luckily, there…Continue Reading

Will Breathalyzers Become a Safety Option?

There is a proposed federal funding bill being considered that would funnel $60 million into a research project that is looking into making breathalyzers a safety option by 2020. If it is an option by then, when will it become a mandatory component for new cars? Laura Dean-Mooney, national president of Mothers Against Drunk Driving…Continue Reading