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What do car dealerships and leading institutions such as banks and credit unions use to determine the price of a used car?

blue book...


What is the truth in lending act?

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do any local lending institutions offer stated loans for refinance purposes?

You can check with your local bank. Depending on your relationship they may, however, due to the economy most lending institutions will want full documentation as well as an excellent credit score.


What options are there for getting a loan with bad credit?

Credit unions may be more willing to lend money to those with bad credit. Also consider peer to peer lending options and family and friends that might be more willing to lend you money than financial institutions. Finally, some institutions may consider lending you money if you offer something of value as collateral.


What bank offers the best loans?

Loan type, amount and personal credit rating will determine the final cost of a loan. Different lending institutions such as banks, credit unions and financing companies will offer different rates and costs associated with loans. It is best contact many institutions which specialize in the type of loan you seek, in order to get the best loan for your situation.


Where can one find financial institutions for bad credit?

There are several lending institutions that will lend to people who have a bad or poor credit rating. Lenders can be located by checking the Yellow Pages section of a telephone directory. Lenders can also be located by using the internet.


Where can one obtain farm credit services?

Farm credit services are lending options that are available to one in the farming industry. There are some institutions that deal specifically with farm credit and those are Farm Credit Network and Farm Credit Services of America.


Do fair lending laws apply to business loans and how do they impact the lending practices of financial institutions?

Yes, fair lending laws apply to business loans. These laws prohibit discrimination in lending based on factors such as race, gender, and ethnicity. Financial institutions must adhere to these laws to ensure fair and equal access to credit for all businesses. Violations can result in penalties and legal consequences for the institution.


Are there any bad credit no credit car dealerships in the area?

Yes, there are car dealerships in the area that specialize in working with individuals who have bad credit or no credit.


Do dealerships have to run your credit if you pay cash for a vehicle?

No, dealerships do not have to run your credit if you pay cash for a vehicle.


Will a car dealership do a credit history check in order for me to buy a new car?

Most car dealerships will do a credit check before selling you a car because the banks who are doing the financing want to know who they are lending money to. In these financially unstable times there are a few car dealerships advertising that if you have a job you qualify for a car loan at their dealership.


What is a lending credit?

a person that lends credit