Although auto lenders aren't as generous with car repayment periods, the same principle applies.
Not exact matches
In addition, your total monthly indebtedness - what you would pay for the mortgage and any other monthly debt payments such as an
auto or student loan - should come to no more than 43 percent of your monthly income,
although some
lenders prefer to see it no higher than 36 percent.
Although a mortgage
lender and an
auto lender may give you 30 years and 60 months to repay the loan, respectively, you don't have to accept a longer term.
Although banks have been challenged by the emergence of online
auto lenders, reports of their demise have been greatly exaggerated.
Lenders may make a credit card or auto loan decision based on a single agency's score, although others such as mortgage lenders often will look at all three
Lenders may make a credit card or
auto loan decision based on a single agency's score,
although others such as mortgage
lenders often will look at all three
lenders often will look at all three scores.
Although second - chance
auto loans are out there, even subprime
lenders may want you to wait at least a few months after your repossession before they'll offer you a loan.
Comprehensive coverage is an optional coverage on an
auto insurance policy,
although if you lease your car or are still paying toward your
auto loan, your lease holder or
lender may require it.