|
 |
The Auto Buyers Corner
|
|
|
|
Car Financing 101
|
|
| |
How to Reduce Your Car Financing Payments:
The best way to lower your car payments, is simply to find a better
loan and pay off your current loan. In other words refinance your auto
loan for a lower APR. For those of you who do not have a car loan yet,
it is important that you find the right financing plan for you. It is
not as difficult as it sounds, PeopleFirst is a wonderful service.
With APR's as low as 4.9%, refinancing a 9.9% loan over only 24 months
you could save up to 3,000 dollars, depending on the amount of the
principal.
| PeopleFirst.com
is the nation's largest online originator and servicer of
Blank Check® vehicle loans. We offer new, used,
person-to-person, lease buyout and refinancing loans for cars
and motorcycles.
PeopleFirst
vehicle loans are available to individuals who have an
excellent and substantial credit record. For other credit
needs, we offer a
Custom
Finance Program . All loans are subject to credit approval
by PeopleFirst.com. For current rates and terms,
click
here .
About Our Loans
Apply
for a loan online by completing the short application.
With PeopleFirst, there are no restrictions on the vehicle you
purchase, so just specify your desired loan amount. You should
apply for a loan amount that you believe will be sufficient to
cover your vehicle purchase.
Our Approval Process
Your loan application will be reviewed and you should receive
a response within 15 minutes during our normal business hours.
If approved for a loan, PeopleFirst will send you, via first
class mail, a loan agreement with your no-obligation Blank
Check® attached. Use the Blank Check®
as you would your own personal check. The no-obligation Blank
Check® is valid for any amount between $7,500
($10,000.01 in Arizona) and your approved loan amount. This
flexibility gives you the negotiating power of a cash buyer.
After you purchase/refinance your vehicle with your Blank
Check®, your loan will begin and you will receive
a "welcome package" from PeopleFirst.
Blank Check®
is a registered trademark of PeopleFirst Finance, LLC. |
I highly recommend PeopleFirst for these reasons. PeopleFirst
has an exceptional "service satisfaction guarantee": if
you're not satisfied with your experience with their services, fill
out a questionnaire and get $100 back! You can apply online and within
15 minutes, they'll contact you with a car financing loan decision.
There is no application fee, no down payment, and no prepayment
penalty. They then give you what they call a "blank check"
(which has a dollar ceiling of course) which you can present to nearly
any dealer of new or used cars. In these modern times it is easier
than ever to shop around, especially for car financing. I suggest
you really go shopping for the best rates. I don't know what your
situation is, but I know the more places you visit to get free quotes
the better your chances are for receiving the best possible loan. I
suggest you get quotes from E-LOAN Loanapp.com,
as well as from PeopleFirst.
You never know who can give you the best rates until you start filling
out applications.
Return to Top
|
|
|
|
|
|
|
|
