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Frequent Asked Questions

If someone co-signs for a car does this show up on their credit report and can they still buy their own car?

Yes, BUT the amount that you co-signed for is considered to be YOUR debt untill that loan is paid off, so the amount you can possibly borrow has been reduced by your signing as a co-payee on that first car loan.

What day of the week does the newspaper have the most car ads?

the newspaper has the most car ads in the saturday edition. it varys from location to location

Can you trade in a car you are currently financing?

Absolutely. The only issue will be how much equity do you have in the car. In other words, if the car is worth $5,000 and you owe $4,000, you have $1,000 in equity. If the car is worth $5,000 and you owe $6,000, you have $1,000 in negative equity. Be sure to verify your pay-off amount before you begin to shop for a new car.


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