Archive for the ‘Auto Finance Quote’ Category

Getting an Auto Finance Quote

Saturday, January 15th, 2011

When borrowers discuss amongst themselves regarding their financing experience, they discuss mostly about the quote that they got. Many beginners or people unaware regarding auto finance procedures wonder as to what the quote is. For beginners, the quote isn’t a phrase from English language (or any other language), it is the price quoted by the lender on the auto finance application of the borrower. When a borrower goes to a lending company and fills out their application, the company checks the credit report of the applicant. In the credit report, they examine all the things which have to be seen and also see the credit score of the applicant. Depending on the credit history of the applicant, they charge a specific interest rate on the amount that is desired by the individual. Read More…