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How to Get a Cheap Car Loan

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From Quick Guide: Guide to Car Credit

Summary: A cheap car loan can be obtained at a bank or credit union, but depends greatly on a person's credit score. Find the best auto loan interest rate by researching a local financial institution or credit union with tips from a credit repair specialist in this free video on auto loans.

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By Adriel Torres
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Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker. Torres has been doing credit repair since...read more

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Video Transcript

"Hi so you are wondering how to obtain a cheap car loan. No problem at all, I'll certainly tell you how to do so. My name is Adriel Torres and I'm the owner of Ultimate credit today dot com. Now car loans are based strictly on credit so the better credit you have the cheaper the loan will be. And what I mean by cheaper is the rate itself. So rates is what's going to determine the payment. Most people should go to their credit union or local bank where ever they have their banking, checking account, savings account those banks or credit unions will have specific types of loans for automobiles. And that's probably the cheapest way to obtain a car loan. Again my name is Adriel Torres and I'm the owner of Ultimate credit today dot com. Thank you very much."

eHow Article: How to Get a Cheap Car Loan

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