What are the Difference between Auto Loan and Car Finance?

1. Both are actually the same, only words are different. Don’t believe me eh? According to Mr. Wikipedia, auto loan can be defined as hmmm well in easy word it is just a debt, that within some amount of time, you have to pay some interest. I told you on the last post that interest is indeed a bad thing. Anyway, we are frequently heard the term bad credit car finance. What is that supposed to mean actually?

2. When you have bad credit car finance, you will have difficult time on selling or buying new car. But that is not the problem as many people can still buy the new car. You know why? Let me tell you the secret.

3. The secret of many people look onto when having bad credit finance is to look for non status car finance. “What the heck is that dude?” Chill out bro, the term is actually meaning something like even if you have bad credit history, you can still get the car you want in the condition that you have decent and trustable personality.

4. Basically the company will buy the car and lease it to you. It is easy right? Yeah, everything is easy nowadays. You don’t need to buy or borrow books from library or shop to know something; you just need to google it! This is how world progressing and so with the loaning system. Do you agree? Whatever…