Recent Content Articles

List of content articles on our auto buying marketplace

The following recent content articles feature relevant information about auto finance and the lifecycle of buying a new or used vehicle. If you're looking for an auto loan don't forget to apply today. We make it easy for you to get the loan that's right for you. Visit our content articles section for additional tips and helpful information.

Advantages of a Direct to Consumer Car Loan
By Dale Peterson
myAutoloan.com is a leading online automotive finance marketplace where consumers with poor, fair, good and great credit get real loans from real lenders without a lot of nonsense.

Car Financing Can Be Hassle Free
By Dale Peterson
Buying a car, whether it is new or pre owned, is a major purchasing decision. If you decide to shop around for car financing, it could become quite a hassle. However, using the services of an online website, such as myAutoloan.com, can take frustration out of the process. This is because most of the information you require before making a purchase is in one convenient place, including a pre-approved loan. Obtaining a pre-approved loan before entering a car dealership gives you greater control over the purchasing decision and empowers you beyond your wildest dreams. Seriously!

Where To Go To Get Approved For Your Next Auto Loan
By Dale Peterson
Whether you just need an upgrade or you are purchasing your very first vehicle, this is a great time in your life. This is a major investment no matter how you look at it, and if you do not have the money to put up for the vehicle entirely by yourself, you may need to get an auto loan. An auto loan provides you with the money you need for your next vehicle, saving you a lot of hassle and allowing you to save that extra money for other bills.

Auto Refinancing May Be Right For You
By Dale Peterson
When you commit to auto refinancing you transfer the title from one creditor to another. Many people assume that once money is borrowed and the contract is signed that that is it. However, throughout the term of a loan it may be possible to refinance. If your credit score improves, even slightly, refinancing may be advisable. If interest rates were high when you negotiated your loan, but they have since been on the decline, refinancing could in order. Finding a new lender is an easy process. For example, a loan application at myAutoloan.com takes between three and five minutes to complete.

10 Best Midsize Cars Under $15k
By Greg Thibodeau
Are you a bargain shopper? A deal hunter? Then there’s a good chance you’re looking for a practical, midsize used car under $15k. From Toyota to Buick, Honda to Chevrolet, there’s a great midsize car on this list for you. Find a reliable and stylish used car on the list below and apply for a used car loan on myAutoloan. Here we go!

Best Car Color to Buy for Value
By Greg Thibodeau
Roses are red. Violets are blue. Which color car Is the best one for you? Didn’t think we’d write you a poem, huh? As much hassle as buying a car can be, it can also be fun. You can bring your dog along to find a pet-friendly ride, test drive coupes and convertibles, and even pick from a rainbow of car colors, especially if you’re looking to buy a new car. Choose the color wisely and you could even help maintain your car’s long-term value.

Refinance Car with Bad Credit & Late Payments
By Dale Peterson
Your credit score is a work in progress. It goes up, and then it goes down. Life always seems to get in the way of your next credit card, rent, or car payment. What if you could lower one of these bills, even a little bit? Would it help you catch up and stay ahead of the game? There might be a way you can refinance your auto loan despite bad credit and late payments. We’ll show you how.

Maximize Tax Refund Check when Buying a Car
By Greg Thibodeau
You already know you can use your tax refund check to buy a car. But you may not know that doing certain things can help you avoid more fees or get a nicer car with that very same check. One check. Different (and better) results for you when buying a car. So, how do we recommend you go about doing this? Check out myAutoloan’s strategy for stretching your tax refund check when buying a car.

Top 4 Mistakes When Refinancing Your Car Loan
By Greg Thibodeau
Refinancing your auto loan means getting a new loan, typically one with a better interest rate. It could save you hundreds of dollars, maybe even thousands over the course of the loan. Saving that much money is exciting, right? Don’t let that excitement cause you to overlook simple details in the refinancing process. Watch out for these common auto refinancing mistakes to make sure you secure your best refinancing deal yet, all with a little help from myAutoloan.

Direct Online Automobile Loan
By Dale Peterson
Direct Car Loans: The Process Taking out a car loan for the first time can feel overwhelming. You might also feel some uneasiness if you are using the web to search for an auto loan. It is different but it is also much simpler and less stressful than going to a dealership for financing to get a new car. We will try to provide you with some more information about the process so that you see that this online process is easier and takes far less time than you might think.

How to Handle a Car Lease Buyout Negotiation
By Greg Thibodeau
Your car lease is nearing its end, but you’re not ready to give up the car you’ve come to know and love. Thankfully, you have the option to buy your leased car, potentially for less than the amount outlined in the lease. How is this possible? Play your cards right, get a competitive lease buyout loan, and you could negotiate a great deal on a car lease buyout. Just keep the following tips in mind when approaching the end of your lease!

Is Auto Refinance An Opportunity for You?
By Guest
When you refinance your automobile, you take out a new loan to pay off your existing auto loan. Usually, through a refinance auto loan you get lower interest rates or are able to convert your higher interest auto loan into a low interest one. Until the auto loan is paid off, your new lender owns the title of the automobile. All normal things and these transactions happen every day.

Used Car Loans - Direct to Consumer
By Greg Thibodeau
Direct to consumer used auto loans can cancel negative equity! Yes it’s true. Thinking of buying a used car? If so, you’re making a smart financial decision. New vehicles lose 20 to 30 percent of their value the moment a new owner drives them off the lot. For many people, that means acquiring negative equity on their car loan balances right from the start. By using a direct lender and buying a good used car, you can avoid this negative equity trap.

How Much Should Your Auto Loan Down Payment Be?
By Dale Peterson
There are all types of deals out there these days when it comes to buying a car and an automobile loan. Many companies are offering dirt-cheap rates, while others promote that they are loaning are even loaning money without any interest rates over a specific period of time. Sometimes it’s hard to figure out how much of an auto loan down payment you should make.

Shopping for Used Cars? Consider a Rental
By Greg Thibodeau
If you’re in the market for a used car, don’t discount buying a rental car. One of the biggest perks of buying a rental car is that you can get a newer model for less than you would at a typical dealership, plus transparent (and complete) maintenance records and zero haggling. While buying a rental car is a lot like buying a used car from a dealership, there are still some benefits you might not be aware of.

Interest Rates and Your Credit Profile
By Dale Peterson
FAQ’s on Interest Rates The most often asked question we hear from our customers applying for an auto loan or refinance auto loan is, “If I apply what interest rate will I be approved for?” Interesting question with so many answers. First, you have to actually apply before we or any lender would really know. No reputable lender can answer that question without you actually applying and pulling your credit report and credit score.

How to Find Bad Credit Motorcycle Loans
By Greg Thibodeau
If your credit score falls between 350 and 650, you might have “bad” credit. But that shouldn’t stop you from getting the transportation you want and need. Learn how to find a bad credit motorcycle loan, with myAutoloan.

Getting a Car Loan - Pre Approved
By Dale Peterson
Here are a few ideas to help you save money! When you are looking to purchase a car, the one of the first things to do is apply for and get pre-approved. That means looking at financing before you step on the dealers’ lot. The loan process can seem challenging but it’s really much easier than you think. Here are a few ideas to assist you to get pre-approved for a car loan.

Getting the Best Used Car Finance Rates
By Dale Peterson
Ways to Get the Best Used Car Finance Rates. Getting financed for a used car can sometimes seem like an overwhelming and daunting task, but it doesn’t have to be. Finding the best used car finance rates can only occur when you take the time to research and understand the various advantages and disadvantages of different financing alternatives. There are a number of things to take into consideration when searching for financing solutions:

When NOT to Cosign an Auto Loan
By Staci Bailey
To cosign, or not to cosign. That is the question. While cosigning an auto loan for a friend or family member can help them get a car they might not be able to afford on their own, you could be taking on undue risk. As the cosigner, you’re agreeing to pay the amount due and perform all the agreements stated on the contract if the borrower fails to meet contractual obligations. You’re on the hook for the loan payments if the other person stops making them for any reason. Even if they die.

Best Tips to Use When Refinancing a Car Loan
By Staci Bailey
A common problem that many car loan shoppers face when purchasing a car is that they get locked into a high-interest auto loan. This usually happens because the consumer fails to shop and secure a low-interest rate loan before they shop for a car – unfortunately they instead decide to accept the finance rate offered by the auto dealer they’re doing business with. It is a mistake to not thoroughly research what car loan rates of interest you qualify for before completing your purchase. Why? It could potentially leave you paying far more for the car and the car loan than necessary.

Should I Buy a Convertible or a Coupe?
By Staci Bailey
You’re not a fan of crossovers or SUVs. Definitely not a fan of minivans. You’re in the market for a new car and you know exactly what you want to buy: a sports car. More specifically, a performance car that makes you feel downright amazing. And hey, we don’t blame you! There’s science to back up the emotional and psychological power of performance cars. In fact, Ford released a study in early 2018 that found driving a sports car ranks high on the list of things that make people happy. It’s even more enjoyable than kissing and “could be a valuable part of your daily wellbeing routine,” says psychologist Dr. Harry Witchel. But you already knew how spectacular it feels to drive a sports car. You’re ready to buy one! But which type? Will you go with a convertible or a coupe? We’ll help you weigh the pros and cons of convertibles and coupes to find your best ride. Then we’ll help you compare your best auto financing rates! Convertible or Coupe? Buying a Convertible A convertible sports car has a retractable roof. The roof can be folded down or removed either partially or entirely.

When to Buy Your Leased Car
By Greg Thibodeau
You probably didn’t think about buying your car when you first leased it. Perhaps you enjoyed the low monthly payment, the opportunity to drive a luxury car, or not having to worry about major repairs 100,000 miles down the road. With only a few months left on your car lease, though, you’re considering buying out your lease. How do you know if it’s time to buy your leased car or time to walk away at the end of the lease? myAutoloan is here to help. There are actually a few scenarios when buying out your lease makes the most financial “cents!”

How to Safely Wash Your Car in Winter
By Greg Thibodeau
Temperatures are dropping but spirits are high. Don’t let the last thing on your New Year’s resolution list be washing the car. If left untouched, road salt, snow, and mud can do serious damage to your car’s appearance and resale value. Moisture and road salt mix together to speed up corrosion! Keep your car in fighting shape and help protect its resale value. Learn how to safely wash away winter grime in cold temperatures.

Bad Credit Won't Stop You From an Auto Loan
By Dale Peterson
It is possible for anyone to have a low credit score. In many cases, an unexpected job loss or medical expense makes it difficult to keep up with mortgage, student loan or other debt payments. However, this shouldn’t automatically disqualify you from getting reliable and affordable transportation.