Drivers Lane Blog

Now that we're in to the New Year, it's time to start filing those tax returns. And, if you're expecting a tax refund, you might want to start thinking about what plans you have for that money.

Searching for a car dealership on your own can be a challenging and stressful task when you have imperfect credit. Car dealerships are often selective on who they will sell cars to, meaning that not every dealership may be willing to work with you.

Getting the best interest rates and deals on an auto loan all comes down to your credit rating. When your credit is awesome, you can easily qualify for great offers like 0% financing, no money down offers, and great lease deals. But when your credit is damaged, these options are out of reach.

When you're looking for a car, it's tempting to consider the numerous zero money down offers that many car dealerships in your area are offering. But, there's a catch.

When trying to fit a new car payment into a budget, it has become common for buyers to get the longest loan term in order to afford the car they want. But is that the best approach to take when buying a car?

A new device, called the Textalyzer, is aimed at deterring texting and driving. And it may be coming to your neighborhood.

Buying a new car can be very exciting. And it can feel extremely satisfying to buy one with no money down. However, purchasing a car without a down payment can sometimes lead to negative equity, which can cause problems down the road.

Improvements to the FICO® Score 9 system brought two big changes to how it assesses collections. The new system will disregard all paid collection accounts, including medical collections. It will also differentiate between unpaid medical collections and unpaid non-medical collections.

If you have imperfect credit and are searching for an affordable vehicle to purchase, then you may want to begin looking at new cars under $15,000. Dealerships offer multiple car makes and models under this price that you could potentially select from, and they may also be able to assist you in the auto financing process.

In February, Experian Automotive announced that U.S. automotive loan balances climbed 11.5 percent to reach $987 billion in the fourth quarter of 2015, according to its most recent State of the Automotive Finance Market report.