Personal Finance

//Personal Finance

Personal Finance Articles

At Valley Auto Loans, we understand that your current financial statement does not represent who you are as a person. We all have personal likes, interests, abilities, and personalities that demonstrate who we are. However, for those with bad credit, it can sometimes feel like “bad credit” is part of who you are. Your personal finances do represent how you supply the needs for you and your family to live, thrive and survive. This is why we take a significant interest in our customers and their personal finances. We have compiled blogs and articles that are targeted at helping answer your question and give you need information about many topics related to your financial well being. We do more than just offer auto loans to those with bad credit. We start by guiding those who are a first-time car buyer to those with no credit history at all. We give you advice about pre-qualifying for an auto loan so you can go car shopping at the correct price that fits your budget. For those with bad credit, we can show you how buying a used car can be beneficial for you by stretching your buying power. You can also find cautions about loans that could hurt your credit or leave you with negative equity in your car. We explain different aspects of auto loan lending like cosigning or getting a loan after a foreclosure or car repossession.

However, we are not just about getting you the car; we want you to save money on the purchase as well. How about your credit score? After you get a car, you still have expenses. We want you to stay informed about changes in the credit scoring system that will affect you. We provide valuable information about understanding your score and facts to help you in your credit recovery. You can find information about child support and other types of income the lenders look at or don’t recognize. We also offer a simple budget that you can print off and set up for your weekly personal budget that will show you how to come up with extra cash for unexpected bills or a down payment. If you already have a car loan but the payments are dragging you under we will show you how to refinance the loan for a lower rate. Valley Auto Loans will continually offer new insight for you to improve your personal finances so you can feel good about who you are and where you are financially.

Jul 22, 2018

What Is The Average Monthly Car Payment?

2018-08-02T11:30:30+00:00Personal Finance|

If you’re wondering "what is the average monthly car payment" each month, then, good news, you’re in the right place! To answer your question, we need to look at what we mean by “average.” Let me explain…. Per Experian’s 2018 first-quarter data, the average new car payment is $523. I don’t know about you, but [...]

Jun 18, 2018

Car Repossession Basics

2018-08-02T11:31:19+00:00Personal Finance|

What can I do about my Auto Repossession? What happens when your car gets repossessed? Nobody wants to have his or her car repossessed. The situation is stressful, potentially embarrassing and can leave you without transportation and a lot of unanswered questions. Auto repossession is also often an unexpected event, which can [...]

Jun 17, 2018

Sensible Help For Upside Down Car Loans

2018-08-02T11:31:28+00:00Personal Finance|

Trade-In Upside Down Car Loan and Avoid Negative Equity Trading in an upside down car loan or trading in a car that is worth less than you owe on the loan can cause financial problems. This is a trap that vehicle owners should do their best to avoid without proper knowledge of [...]

May 20, 2018

A How-To Guide for Setting Up a Simple Budget

2018-08-02T11:33:12+00:00Personal Finance|

How This Simple Budget Works What good will a simple budget do for my money problems? How can I afford a car payment and keep up with the monthly rent? People may ask, "Why do I need a personal budget for paying my bills?" "What is the advantage?" Though initially it takes [...]