Is Gap Insurance Worth It?
When financing, leasing, or refinancing a car, buyers are often introduced to a product called gap insurance. Short for “Guaranteed Asset Protection,” it is designed to cover the difference between the balance on an auto loan or lease and the car’s actual cash value if the vehicle is totaled or stolen. At first, gap coverage […]
How to Lower Your Car Payment Without Refinancing
Car payments can put a significant strain on your monthly budget—especially when other expenses like rent, groceries, and credit card bills start piling up. While auto refinance is often the go-to suggestion for lowering your car loan payments, it’s not always the most practical or accessible solution. If your credit score isn’t where you want […]
How to Get Out of a Bad Car Loan
With average payments for new vehicles climbing higher and higher, it’s no surprise that many people are finding themselves in a bad car loan. If your monthly payments are eating into your budget or you’re interested in a new vehicle with better rates, it might be time to get out of your current car loan. […]