Entries on auto insurance
Auto loans have since become quite common, as lending standards were fairly loose the past ten years. In many cases, someone could purchase a car with no down payment. In the wake of the credit crisis, though, lenders are tightening lending standards, requiring bigger down payments and offering fewer loans. For consumers shopping for a new car, there are certainly great deals to be had, given the current state of the auto industry. Car buyers will need to determine if obtaining auto loans makes sense for their budgets, or if they should buy discounted models with cash.