Explanation of What Gap Insurance is For Auto Loans When you go to close on your auto loan one of the optional products that your loan officer may offer to you is GAP insurance. Sometimes called "Guaranteed Asset Protection" or "Debt Cancellation Agreement" GAP insurance can be added to your loan to help offset any future liability in the event of a total loss of your vehicle. Here is a general outline of how it works. 1) WHAT IT IS- Simply put. ...

How Using Your Tax Refund Can Help You Get Approved For Auto Loans With Bad Credit If you are applying for, having a substantial down payment will definitely help you get approved. Applying your tax refund to your purchase can really swing the pendulum your direction. As more and more people are finding themselves with lower credit scores, their traditional lending sources they are used to using will not be able to help them. Once your credit score gets below a certain ...

2010 Bad Credit Car Loans Having bad credit isn't the end of the world, and if you're like, or let's say, most of America, you're going to need a car loan. When I had bad credit back in the past, it was hard for me to find a loan for just about anything. Banks didn't want me, and it was hard to get money from Mom, and Dad. Today, I've learned my lesson, and now know that a good credit score ...