Is refinancing a car worth it? Knowing the pros and cons can help you decide.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this...
Understanding your car’s actual cash value (ACV) might be necessary when you are buying or selling a car, refinancing or need to know the car insurance market value for a claim. But how do you find out your car’s ACV? In this guide, Bankrate’s insurance editorial team helps you fin...
That doesn’t mean MSRP is what you’ll pay though, since dealers have the leeway to sell a car for more or less. Understanding the definition of MSRP and other pricing terms can put you in a better position to negotiate a fair price for a car. Did you know... MSRP is most ...
Depending on your financial situation, paying off the car title loan might not be possible — but it does put the brakes on the borrowing cycle. First, contact the title loan lender and ask for the payoff amount. Next, you must figure out where you can get the money to pay off the lo...
Changes in interest rates also have a less direct, but still very tangible effect on various other industries. For instance, lower rates mean lower refinancing costs forreal estate investment trusts (REITs). It also means a lower corporate borrowing rate, which helps not only REITs, but many ...
What Does the Term Upside-Down Auto Loan Mean? tomaz / iStock / Getty Images An upside-down car loan is one where you owe more on your auto loan than the car is currently worth. For example, if you have a car loan with a $20,000 balance on a car that only has a market value...
"Generally, lenders would recommend refinancing when it's a difference of 1 percentage point or more," noted Smart Money's Rathner. What about auto loans, credit cards and other debt? Auto loan rates are likely to see reductions after the rate cut, experts said. And that could convince ...
Depending on your financial situation, paying off the car title loan might not be possible — but it does put the brakes on the borrowing cycle. First, contact the title loan lender and ask for the payoff amount. Next, you must figure out where you can get the money to pay off the lo...
Sovereign defaultoccurs when a country doesn't repay its debts. A country that's in default usually cannot be compelled to satisfy its obligations by a court, unlike an individual or corporate debtor. But it does face a variety of otherrisks and problems. The economy might go into recession ...
Does Refinancing Hurt Your Credit? Refinancing will hurt your credit score as a credit check is done when you are refinancing your mortgage; however, this is temporary and your score will adjust over time. In addition, your overall credit may improve after refinancing, as you will have less d...