Sentences with phrase «effect on your auto loan»
Not exact matches
The unfortunate downside to this type of use of excess student loan money is the negative effect it will have on your future financial habits and your ability to qualify for other types of loans, such as home and auto.
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TORONTO — Delinquency rates on auto loans are soaring, pointing to another spillover effect from the slowdown in the oilpatch.
The effect is most clearly seen in the prices of shorter - term loans, including auto, personal loans and even the initial interest rate on some Adjustable Rate Mortgages (ARMs).
Defaults of auto loans do not have the same powerful effect on the economy as mortgage defaults.
Similar to the effect that your credit score has on you obtaining a loan, your auto insurance score will have a bearing on how much you will be required to pay in premium for your vehicle insurance policy.
Note that a relatively small SHORT TERM auto loan can have an outsized effect on the amount of long term borrowing that one can do.
Similar to the effect that your credit score has on you obtaining a loan, your auto insurance score will have a bearing on how much you will be required to pay in premium for your vehicle insurance policy.