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Cosigning

Whether you're getting a cosigner for your loan or cosigning on someone else's loan - it's crucial that you're informed on the process, requirements, and responsibilities of each party. Learn all about cosigning when it comes to car loans.

APR for Auto Loans

Annual Percentage Rate (APR) is a crucial concept to understand when considering auto loans. APR rep...
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Auto Loan Liens

It’s important to understand how liens work before taking out any loans or purchase cars so that a...
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Voluntary Repossession

What is Voluntary Repossession? Voluntary repossession is a process in which car owners choose to gi...
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GAP Insurance

What is GAP Insurance? GAP insurance is an optional type of insurance coverage that is des...
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What is Vehicle Equity?

What Does it Mean to Have Equity In Your Car? When a buyer finances a car, they are borrowing money ...
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Bankruptcy Trustee

What is a Bankruptcy Trustee? A bankruptcy trustee is a person that is responsible for managing the ...
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Underwater Car Loans

Being "underwater" is a common phrase to describe a car loan in which the value of the car does not ...
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Upside Down Car Loans

What Does Being Upside Down on a Car Loan Mean? If you owe more on your car loan than your car is wo...
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