How to save on your car payments
When it comes to car payments, there’s no shortage of options to choose from.
Here’s a roundup of the best ways to save money.
Credit card balance The easiest way to start saving is to add credit cards to your existing bank account.
While you can usually add as much as 10% to a credit card’s total balance each month, there are several other credit card options that will help you get you through the year.
You can even add an extra 30% to the first $10,000 you make each year.
Car insurance For some people, insurance is just one piece of the puzzle to keeping up with their car payments.
Car insurers typically provide you with coverage in case you’re injured in an accident and if you need to get a new car.
They’ll cover repairs, maintenance and repairs you make on your vehicle, and they’ll help pay for any damage or damage you might have done.
Car loans There are several types of car loans available, ranging from small to large.
Depending on your income, car loan rates will vary depending on your age and your needs, but there are a few things you should keep in mind: You can’t get a loan if you’re a first time borrower.
If you have a car loan, it’s best to go to a commercial lender.
Commercial lenders offer higher rates than banks, but they’re also less likely to accept credit card applications.