Posts Tagged ‘Credit Score’

What credit score should I obtain before buying a new car?

by Cars & Motorcycles
April 14th, 2009

rwestmore7 asked: I am working on my credit and should have it up enough in a couple of months to buy a new car. What should my goal be to get my score up to before I actually go to the lot and have Honda or GM run my credit? I am wanting to spend about 25,000 after my trade in. My gross pay per month is about 3,000 – 4,000.

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I made a mistake buying a new car, how can I correct the situation?

by Cars & Motorcycles
April 7th, 2009

glsipps asked: I made a big mistake. I bought a new car and regret it and I don’t know the best way to correct what I did.

To make a long story short, I couldn’t wait to pay off my car because I felt that was the answer to our financial situation. My car has been paid off for 2 months now. I bought my older son a car a few years ago but I had more money back then.

My middle son has been waiting patiently for a car, he now has a job so he really needed a car. So, we ended buying me a new car and gave my old car to my son. I am very unhappy and mad at myself because I should have kept my car and bought my son a car when I could.

I hate having a 2 door now, it is just not practical. …

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What are the financial procedures in buying a new car and the exiting loan is more than the trade in price?

by Cars & Motorcycles
April 6th, 2009

anointedqueen asked: How is the remaining balance handle with the new purchasing price, when my current loan is much higher than the blue value price?

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Buying a new or used car with a 724 credit score?

by Cars & Motorcycles
March 29th, 2009

Juana L asked: Well I am looking to buy a new or used car (Lexus). And well I have a credit score of 724, but with the credit freeze I am not sure if I can qualify for a reasonable interest rate. Would I need a co-signer or could they in house finance me with a good rate. I need help ASAP because I have someone that is ready to buy the current car that I have.

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financing when buying a new car?

by Cars & Motorcycles
March 22nd, 2009

j- dogg asked: Okay I’m planning on buying a new car but im not sure if i should find a bank or finance with toyota. I’ve done investigations and I’m better of financing with power toyota but I’m not sure. Please help
I have a really good and high credit score .

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What does a person credit score have to do with rates on car insurance rates?

by Cars & Motorcycles
February 16th, 2009

bradly x asked: It should be against the law since everyone must carry car insurance. Also, what does my low credit score got to with my great driving record? Sounds like another reason to raise rates because most credit scores are low across the board. If someone pays their insurance company on time and has a good driving record should be their only concerns. Doesn’t that make sense to raise car insurance rates to persons that had a hard time paying a bill, bit made all their car insurance payments on time.

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How does rental car insurance offered by credit card companies (when you use the card) work?

by Cars & Motorcycles
January 2nd, 2009

hedonist asked: I have credit cards which say they cover me for rental car insurance when I use the card to make the full payment for the rental. How does that work? Are there any catches? Does it make sense for me to get the additional insurance from the rental agency (like Avis)? If I am in an accident, will the Credit Card insurance cover everything or will it also be charged to my regular car insurance company?

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