Thursday 28 January 2016

What Happens when you Apply for Car Financing?

Here’s how your car financing process works. Find out more about what you need to do!
Providing Details - Providing your personal and financial information to a credit union, bank or other lending institution is an important step. It may be a good idea to collate all this information when you are ready to start shopping.
Offering you a Rate - The moment of truth - how much will you will be able to borrow for that car of your dreams. Do your comparisons and see how low the rates can go...
Negotiation - Banks and credit unions might not negotiate with you, but if you are buying a packaged deal from the dealers, it’s no harm to ask!
Finalizing the Loan - Make sure that the whole contract is documented and that your loan is approved. Everything should be in order when you sign for your new car and drive it off into the sunset!
Why not seek some professional assistance to finance your car. You can call The Smarter Finance Company for a bit of advice today! 

What Happens when you Apply for Car Financing?

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