Answering Your Auto Finance Questions

Common Financing Questions

There are few things that seem more complicated than car financing, especially if you have bad credit or no credit, but luckily Green Light Auto Credit has answers to your auto finance questions. We have a history of helping drivers finance their next vehicle in and around St. Louis, and our finance experts are here to take the mystery out of financing a car. If the topic you’re looking for isn’t covered, be sure to contact us for an answer.

Finance Application Finance FAQs

Securing the Best Auto Loan

What’s the best auto loan for you? Is it better to have a higher interest rate and a shorter term for your loan or would you be better off with longer terms and a lower interest rate? Is your monthly budget too tight to worry about the cost of the loan beyond the monthly payment? We have information on all of the different types of loans available, including how you can get affordable auto financing on a fixed income. We even have some tips to help you avoid auto financing scams. Learn more about securing car loans.

No/Bad Credit Financing

Virtually no one has perfect credit. Whether you have not had the chance to build up a credit rating yet or are being haunted by past decisions and their impact on your credit, we want to help. Believe it or not, people with bad credit ratings or with no credit score at all can still get an auto loan. Your terms just might be a bit different than those of other drivers.

Our library of frequently asked questions is here to teach you more about auto financing with less-than-ideal credit – and how an auto loan can help you rebuild a credit rating. Get the details on bad and no-credit financing.

Finance or Lease?

Car financing or leasing isn’t for everyone. The choice between the two is dependent on a number of factors such as your personal financial status, your approach to payments, and retaining your overall standard of living. When it comes to quality car financing, Green Light Auto Credit is here to help borrowers make an informed decision. Learn how to choose between financing and leasing.

Tax Benefits: Vehicles for Business Use

Do you plan to use your vehicle for your work or business? Don’t leave money on the table – you can write off those auto payments if you plan to use your vehicle for business. Before you fill out an auto loan application, you might want to consider the tax status of your vehicle. Learn more about how to maximize your refund and minimize your tax burden.

Vehicle Depreciation

As cars age, they depreciate in value, but it’s not as bad as that old story about a car losing half it worth when you drive it off the lot. If you want to know how to limit depreciation on your car, we can help. We’ll also define how and why a car depreciates and go over ways you can keep your resale value high for when you decide to trade or sell your car. Get vehicle appraisal answers.

The Different Types of Auto Loans

There are many types of auto loan contracts, and they often have funny names that do little avail what they mean. For instance, ever wonder what an upside down loan or a sub-prime loan are? Or, for that matter, the differences between an unsecured or secured loan are? Learn more about types of loans.

Credit Scoring

A healthy credit score is imperative to getting not only great interest rates on a loan, but, in many cases, even getting a loan. Follow the button below, and you’ll find an archive of blogs covering topics ranging from what factors impact your credit score, the fastest ways to repair your score, how to have yours calculated, and more. It’s time to learn about credit scores.

Learn More with Green Light Auto Credit

Do you have auto finance questions we haven’t answered here? We want to help. We encourage all drivers to start by filling out our free, secure online finance application so we can get started on processing your loan. It is our goal to help you find the best terms and rates available, so call us today at (800) 200-5551. We look forward to hearing from you soon!

Finance Application Finance FAQs