Navigating the Trails: A Guide to ATV and Snowmobile Loans As the temperatures start dropping, many people start thinking about buying a new or used all-terrain vehicle (ATV) or snowmobile to navigate the winter ahead. On average, more than 200,000 snowmobiles and ATVs are sold every year, both for business and pleasure use. If you’re… Read more »
Category: Auto/Vehicle Loan
What Are High Yield Savings Accounts?
High-Yield Savings Accounts – An Overview If one of your financial goals is to grow your savings, then it’s important to understand the tools that are available to help you do it. Even for those who are most disciplined about their saving habits, not all accounts are created equally. For individuals who are serious about… Read more »
Finding the Best Auto Loan Rates
When you are ready to buy a new vehicle, finding the right make and model and negotiating a good price to buy it is great, but none of that will matter if you don’t also find an auto loan with competitive rates and fair terms. All lenders are different, so before you head to the… Read more »
Are Your Car Insurance Rates Skyrocketing? Avoid Overpaying on Insurance with HRCCU Insurance Agency
Car insurance rates increased 11% in June 2023, the highest in over a decade! Over the past few years, car insurance rates have been steadily increasing, causing frustration and financial strain for many drivers. However, the situation reached a new peak in June 2023 when car insurance rates saw a staggering 11% increase*. This surge… Read more »
GREENLight Auto Finance Review: Is GREENLight the Right Auto Loan for You?
Choosing the right vehicle finance method — or deciding whether to finance at all — can be just as complex as choosing the vehicle you want to buy. Today, drivers have a variety of payment options, including leasing, traditional auto loans, and GREENLight auto loans, a less-known but potentially practical option. GREENLight auto loans are… Read more »
When is the Best Time to Buy a Car?
Buying a car is a big decision. From saving for a down payment to calculating the real cost of an auto loan, smart buyers know that it is important to consider every financial aspect of such a major purpose. For that reason, taking time to consider when the best time is to buy a car… Read more »
How Beginners Can Get an Auto Loan
Buying your first car, whether it’s brand new or previously owned, is a huge and exciting milestone in life. However, navigating the world of auto loans is also incredibly complex. For those who are unsure about how to get a car loan, it’s important to get educated — and pre-approved, before going to a dealership…. Read more »
Why Interest Rates Fluctuate
If you’ve taken out a mortgage, auto loan, or even own a credit card, there’s a good chance that you understand the fundamentals of interest rates. You borrow a certain amount of money that you will pay back over an agreed upon time period. Now, because the creditor or financial institution is loaning the money,… Read more »
Lump Sum vs. Installments: Which Makes Sense for You?
When it comes to footing the bill on larger expenses, there are usually two ways to pay. You can pay in a lump sum or in installments of payments. A lump sum is one large payment and installations are multiple payments, typically paid on a monthly basis. Like many financial decisions, each option has benefits… Read more »
Leasing vs. Buying a Car
When looking to buy a car, sometimes the range of different financing and vehicle options can be difficult to parse through. Do you want to lease or buy? Do you want to take out a loan or buy a car outright? Making these decisions can also be largely dependent on how flexible your income is… Read more »