In the age of digital convenience, online lenders and finance companies have become a popular choice for many people seeking loans or financial services. The allure of quick approvals and the ease of managing everything from your couch is undeniable. However, opting for a local finance company can offer distinct advantages that online lenders may […]
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In the realm of auto financing, bad credit can often feel like an insurmountable obstacle. However, as lenders, we recognize that credit scores don’t always tell the whole story. Our goal is to assist people in obtaining auto loans, even with less-than-ideal credit scores. Here’s a brief guide on improving your chances of getting approved
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Your auto loan is calculated using the simple interest method. We calculate the interest on your loan by multiplying the outstanding principal balance by the interest rate, then divided by 365 days (this gives us the per diem). We multiply the per diem by the number of days elapse between payments. In other words, you
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