Are you looking for the best possible deal on a car right now? If you are a college student it can be very important to you that you save a lot of money but also get a dependable car.
Well with these harsh economic times many car companies are offering terrific deals that would make it very easy for you to be able to afford a car.
However many students are unaware of what the expenses really will be and how to control them.
These lessons would make a great course at your school because it is a lesson you can take with you well after you graduate.
The fact is that when you buy a car and apply for financing they run a credit check.
It doesn't matter if they are offering no money down, and even no interest for the first your or longer, they still run a check to see your history of making payments.
The average college student does not have an established score or a good one.
Most that have one have seen it hurt with missed or late payments and over charging on cards, and financing with stores.
Even with a great deal on a car, you can end up overpaying by over a hundred dollars a month.
That may not seem like a lot to some, but over the course of the loan you could be wasting over $10,000.
Along with that your insurance rates will go up because you have a poor number.
Many people do not realize that your insurance has to be full coverage if you are financing a car, and your number will influence your rates as well.
If your score is going to cost you big, so much in fact that you may not be able to afford the vehicle you need to hire a credit repair company.
These companies are great because they offer the most effective form of credit repair, and at a very low price.