The Car Blog

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Tag Archives: debt to income ratio

How do Lenders calculate LTV Ratio for your Auto Loan?

You are excited to begin the New Year with a bang! You have already found out your dream car and cannot wait to bring it home. But, will the lender approve your credit application? Will he offer you a loan amount to match the cost of the car plus taxes and registration fees? Learn how a lender decides on the LTV ratio; play the cards right and get the best deal.

To apply or not to apply for an Auto Loan: Solving the Dilemma of a Subprime Car Buyer

Everyone desires to own a personal car. But bringing the dream to reality takes time and effort. And, a subprime car buyer has to put in special efforts for buying a car. If you are confused about applying for an auto loan, here a few tips to help you out.