Posts tagged "auto-loan"

How does auto insurance work when you “loan” your car to another?


I thought about “pay” for my car (mine), the father of my 87 years. I would like to rent a car for me. Then at the end of the lease period (say 3 years) is no longer driving the car for me. He can buy auto insurance on himself and the car or falls on me and my policy? My father has an excellent driving record, and I also

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Posted by jedwan - December 8, 2011 at 5:38 pm

Categories: Auto Insurance   Tags: , , , , , , , , , , , , , , , ,

Which should I pay more of right now? Mortgage, student loan, or neither. Should I invest instead?

I have a home mortgage for $ 260,000 and a student loan for $ 20,000. My interest rate on my home is 6.75% and my rate on my student loan is 3%. My student loan is much easier to pay off since because of the amount and I know I probably will never pay off my home before I end up selling it (I just purchased the home). I know the rate is higher on the home but I’m not sure if it’s worth putting more towards it if the payments are going to stay the same regardless. Just more principal will be paid off. It does not seem to be the best time to invest but it may be my best way to beat the system. My savings account is yielding 4% but has been dropping lately. I don’t have an auto loan because I made the mistake of leasing a car 2 years ago so I’m paying those payments when I wished I had bought instead.

Any advice from people who have been in this situation before. I’m a new home owner looking to get the most for my dollar.

What’s your opinion? Any good tips out there?

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Posted by jedwan - May 16, 2011 at 9:20 pm

Categories: Mortgage   Tags: , , , , , , , , ,

Auto loan on credit report to accuire higher limit credit cards?

As stated does it make a difference to have an auto loan to accuire a higer limit CC?

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Posted by jedwan - March 26, 2011 at 3:48 am

Categories: General Credit   Tags: , , ,

Is Auto Loan Binded once signed by all parties?

I financed a car from car pros kia, was approved by a bank, and signed all the necessary documentation with the dealership. I also have the documentation and signatures that show both the dealership and financial institution signed and approved the loan which I'd assume makes this a legal binding document.

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Posted by jedwan - March 24, 2011 at 12:37 am

Categories: Mortgage   Tags: , , , , , , , , , , , , , , , , , , ,

Question about auto loan

So I am taking a auto loan from Pen Fed shortly for $26,000...my Fico's are high 7's....how should I expect that to effect Fico?

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Posted by jedwan - March 22, 2011 at 5:27 pm

Categories: General Credit   Tags: ,

Experian Plus Score

Just pulled my EXperian plus score and it's 699!!!! Woo hoo. Sure would like to know my actual Fico score..

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Posted by jedwan - March 10, 2011 at 10:55 pm

Categories: General Credit   Tags: , , , , , , , , ,

Signature Loans

I am thinking about applying for one in 2 months.

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Posted by jedwan - February 6, 2011 at 4:00 am

Categories: General Credit   Tags: , , , , , , , ,

Personal Loans, how does it affect fico?

Wasn't sure if this is where to put it, but I was wondering how personal loans affect your fico score.

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Posted by jedwan - January 4, 2011 at 8:53 pm

Categories: General Credit   Tags: , , , , , , , ,

Possible Unauthorized Credit Pull

I tried not to waste anyone's time by asking redundant questions, so I have been searching "myfico" for a question that is similar to mine, but to no avail. I have worked hard to improve my credit worthiness and every little bit of information helps

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Posted by jedwan - December 5, 2010 at 4:06 pm

Categories: General Credit   Tags: , , , , , , , , , , , , , , , , ,

Payment towards tuition or auto loan?

I thought I was going to save up approximately $2,000 to pay for law school in the fall. I will have to take out $20,000 a year (unless I get scholarships I applied for) for the next four years (part-time law school). I plan on keeping my current job but decreasing my hours once school starts in the fall as I do have to take care of my daughter also.

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Posted by jedwan - July 2, 2010 at 7:47 pm

Categories: General Credit   Tags: , , , , , , , , , , , , , , , , , , ,

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