My brother is able to deduct the interest he pays on his farm equipment, and I’m able to deduct the interest I pay on a student loan… so I was wondering if anyone knows if it’s possible (or legal) to deduct the interest paid on an car loan come tax time?
I’m looking to buy a used car and will probably seek a loan between 2000 and 3000 dollars. How much money down should I have saved?
I’m researching a used car. Kelly Blue Book and NADA guides state the value of the car at between 00 and 00. I’ve haggled the sale price down to 00. However, the bank Ive spoken with about the loan says they can only loan 00 on the car. Why is there such a [...]
I’m fresh out of college and in need of a new car. I’m shopping for rates – filled out a credit application with the dealer, and a couple online. One of the lenders I applied with online wrote at the bottom of an email to "be sure not to apply in multiple places as it [...]
When I bought my car in January, I could have paid for it in cash but wasn’t sure I wanted to part with the cash. I now want to pay off the loan, but the guy at the car dealer said that I shouldn’t pay it off right away or I won’t get "credit" [...]
After 18 months, I owe about k on a k car loan. I want to pay the entire thing off with one big payment, but am wondering how this will affect my credit. Should I pay most of it, say, k, in order to get a free extra months of positive reporting?
One of the things car dealers look for is established credit, if you do not have it they offer the first time buyers package.
Only I don’t qualify because even though I have no credit, I do have bad credit because of a Verizon phone/Net bill and a medical bill. Now paying these off is a [...]
My parents do not have the best credit and cannot co-sign for me for a car loan. I am a manger for OfficeMax and make very good money but I have nobody to co-sign. What can I do??
Also, I live in missouri if that makes a difference.
My ex and I got divorced back in March 2008. In the divorce decree it states that the car we bought together would now be his and that he’d be responsible for the remaining balance on the loan. My question is, how do we get my name of the loan and/or title of [...]
I am wondering if there is a way to change my current car loan with a bank to another bank with better loan rates??
PLease any help…