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Carolina Trust Federal Credit Union

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7 Common Misconceptions About How To Get An Auto Loan

Posted by Carolina Trust Federal Credit Union on Jan 7, 2022 9:52:00 AM

You should never believe everything you hear, especially when it comes to auto loans. Misinformation about how to get an auto loan has spread and become common misconceptions. These misconceptions can lead people in the wrong direction when pursuing an auto loan.

It’s more important than ever before to know the facts about how to get an auto loan. We’re about to break down the biggest misconceptions that accompany getting an auto loan. It’s time for you to learn the truth.

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Topics: Personal Finance, Auto Loans & Car Buying

How to Buy A House In the Carolinas With Little or Zero Money Down

Posted by Carolina Trust Federal Credit Union on Jan 4, 2022 9:37:00 AM

Buying a house is exciting. Alongside the thrill of house hunting comes the anxiety of the unknown. Knowing how to buy a house and find the right mortgage to make your dream a reality are valid concerns. With multiple mortgage options, how do you decide which mortgage is right for you? Although these are good questions, there are answers, and buying a house doesn’t have to be a stressful experience.

Home mortgage options vary from state to state; sometimes, different options exist at a city or county level. In the Carolinas, there are multiple options to help home buyers, including state-specific programs to help first-time home buyers find the perfect house. Some of these programs help first time home buyers afford their new home by offering little or no money down mortgage requirements.

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Topics: Personal Finance, Real Estate & Home Buying, Home Loans

What You're Missing in Your Search for the Best Car Loan Rates

Posted by Carolina Trust Federal Credit Union on Dec 29, 2021 1:47:00 PM

Here's What Will Really Help You Find the Best Car Loan and Car Loan Rates

If you're shopping for a car, chances are you're also shopping for a car loan. The interest rate on your car loan has one of the biggest impacts on the overall cost of your car. While the dealership may advertise amazing rates that seem impossible to beat, the truth is you can get a far better rate if you know how to shop. Here are some surprising secrets that will help you get a great rate on your car loan.

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Topics: Personal Finance, Auto Loans & Car Buying

How to Find the Best Cars and Car Loan to Finance Your Purchase

Posted by Carolina Trust Federal Credit Union on Dec 20, 2021 1:47:00 PM

Buying an automobile does not happen every day, and that adds a layer of unfamiliarity to the process. Researching the best cars available and securing a car loan presents a specific set of challenges.

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Topics: Personal Finance, Auto Loans & Car Buying

Selecting the Best Used Cars and Car Loan for You [10 Tips]

Posted by Carolina Trust Federal Credit Union on Dec 16, 2021 1:46:00 PM

Shopping for and buying used cars is not something most people do every day, which means the task can be quite daunting – especially if it's your first time trying to find the best used cars and a great car loan to go with it. To make sure you get a fair deal on the used car of your choice, prepare yourself for the search, negotiation, and financing process by considering the following used car buying tips.

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Topics: Personal Finance, Auto Loans & Car Buying

Our Top Tips to Determine the Best Times of the Year to Buy a Car and Get a Car Loan

Posted by Carolina Trust Federal Credit Union on Dec 13, 2021 1:46:00 PM

If you're contemplating a car purchase, you are likely looking for ways to save. After all, spending several thousands of dollars on a vehicle is not something to do without careful thought. One way you can save is through timing your car purchase. By buying your car and getting a car loan at the right time, you can save substantially. Here are the secrets to helping you save through proper timing on your car purchase.

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Topics: Personal Finance, Auto Loans & Car Buying, Seasonal

MSRP Meaning - Why MSRP Is NOT the Final Price for Cars

Posted by Carolina Trust Federal Credit Union on Dec 10, 2021 1:46:00 PM

When you head to a car dealership and start looking at the window sticker for cars that catch your eye, you may be confused by the many different prices you see listed. One of those, the MSRP, is an important figure for your future car purchase negotiations.

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Topics: Auto Loans & Car Buying

4 Tips You Should Know When Using an Auto Loan Calculator

Posted by Carolina Trust Federal Credit Union on Dec 9, 2021 1:45:00 PM

Here's How to Make Sure You Don't Overpay for Your Car and Car Loan

Everyone wants to get the best price on their next car purchase. Finding a car with the right price is the first step, but you'll also need to carefully consider your loan. An auto loan calculator is a helpful tool to use as you analyze car loans. This tool allows you to input the vehicle's price, loan term, and interest rate, as well as other fees and costs, to see both the monthly payment and total cost of the loan over its lifetime. By using it well, you can avoid overpaying not only for the car itself, but also for the loan. If you've never used an auto loan calculator before, these tips will help you make the most out of this tool.

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Topics: Personal Finance, Auto Loans & Car Buying

What to Look for When Buying a House in a Hot Market

Posted by Carolina Trust Federal Credit Union on Dec 7, 2021 1:49:00 PM

The surging real estate market shows no signs of slowing down, and that creates opportunities and challenges for buyers.

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Topics: Personal Finance, Real Estate & Home Buying, Home Loans

Top Mistakes to Avoid When Shopping for a First Mortgage

Posted by Carolina Trust Federal Credit Union on Dec 2, 2021 1:49:00 PM

Buying your first home is an exciting time full of many emotions. You are ready to strike out on your own and become a homeowner! This time is also full of lots of important information, and sometimes you can feel a little overwhelmed.

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Topics: Personal Finance, Real Estate & Home Buying, Home Loans

Carolina Trust Federal Credit Union Blog 

Welcome to the Carolina Trust Federal Credit Union Blog! We're excited to share financial tips and information for a variety of different topics.

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Check out recent blog posts by our Brand Ambassador, August, for tips on achieving financial success in the bag. 

 

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