FAQs At MAC Auto Loans of Langhorne Special Financing, we help people from Philadelphia to Levittown get the vehicle they need no matter their current financial situation. We specialize in car financing for bad credit, making sure that you can find the auto loan you deserve. Here you’ll find questions that were asked by drivers just like you that will explain just how MAC Auto Loans Langhorne Special Financing can help get you into a great new car. What Do I Need to Get Pre-Qualified and Approved? If you’ve ever asked, “What do I need to get pre-qualified and approved?” MAC Auto Loans in Langhorne, PA, has all the answers right here in our handy guide. Why Does a Car’s Age and Miles Affect My Financing Options? Learn why a car’s age and miles affect financing options and discover how MAC Auto Loans can help finance your next vehicle. Call us today to learn more! Can My Student Loans Keep Me from Getting an Auto Loan? Wondering if your student loans can keep you from getting an auto loan? Find the answer with this helpful article from MAC Auto Loans in Langhorne, PA. How to Save for a New Car Learn how to save for a new car by following a few simple steps from MAC Auto Loans in Langhorne, PA. Great Tips for Buying Tires MAC Auto Loans wants to make the tire buying experience easier for you with these great tips for buying tires. What to Look for When Buying a Used Truck Follow these tips from MAC Auto Loans in Langhorne PA to know what to look for when buying a used truck. Can I Get a Vehicle History Report? Lots of our customers have been asking us if they can get a vehicle history report. Not only have they been asking that, but they’ve been wondering how to get a vehicle history report, where to get a car history report, and what type of information it’ll provide as well. Don’t worry, we have the answers! How to Get Auto Loan While Under Bankruptcy Here at MAC Auto Loans, lots of people have been asking us how they can get an automotive loan while they’re in bankruptcy. Well, we’re here to tell you that it’s certainly possible! That’s why we wrote this. Tips for Financing a Car Whether it’s your first time buying a car or you just want to learn more about the financing process, these tips for financing a new car can help you make the right decision when it comes time to apply for a loan. Questions to Ask When Buying a Used Car Not only is searching for a used car a hassle, but there’s also the concerns about its safety, history, condition, and more. Fortunately, a quick phone call or web search can give you all the information you need to feel confident in your decision. How to Get the Best Auto Loan Rates Langhorne, PA Everybody is constantly wondering: “How can I get the best auto loan rates?”; “How can I get the best deal on my auto loan?”; “How can I get the lowest auto loan APR possible?” They’re clamoring to know. How can I improve my credit? Oddly enough, the best way to improve your credit is by getting credit and paying it back. This can be difficult, however, when banks refuse to lend to you. By helping you acquire an auto loan, you can begin to repair your credit. I think I may have bad credit. How can I see my credit report? Federal law allows you to receive a free copy of your credit report once a year. All you have to do is visit AnnualCreditReport.com and you can order your credit report from three national credit institutions. If you’d like, you can also purchase your FICO credit score by visiting MyFICO.com. Your credit score is different from your credit report but also incredibly valuable in understanding your financial situation. Can I get an auto loan with bad credit? At MAC Auto Loans Langhorne Special Financing, we specialize in helping people with poor or bad credit get the loan they need. Thanks to our years of experience and ongoing relationships with a number of banks in the area, we’ve been able to locate auto loans for every kind of credit situation. How do I apply for a car loan? Filling out a free credit application at MAC Auto Loans Langhorne is incredibly simple and only takes a few minutes. You can apply now using our safe and secure online application. Just provide some basic information and let us do the rest. You can also fill out a credit application by visiting our East Lincoln Highway location. Do I Need a Down Payment if I Have Bad Credit? When you have bad credit, buying a car in Langhorne, Levittown, and Philadelphia is easier said than done. Fortunately, there’s a way to help you drive off in the vehicle you want without adding stress to your wallet. With down payments, buying a new car becomes much more affordable, but is it the right option for you? What Does My Credit Score Mean? We know that drivers from Philadelphia, Langhorne, and Levittown have heard about the importance of a good credit score when applying for loans and financing at MAC Auto Loans. However, you may have also wondered what credit scores mean and their significance in the automotive financing process. Can I Get Financing with a Cosigner if I Have Bad Credit? Getting the right financing for your next new car in Levittown, Langhorne, or Philadelphia isn’t easy, especially when you have bad credit. However, MAC Auto Loans is here to tell you that there’s a way that can get you approved for the affordable plan you need. What Is a Good Credit Score? We all know how beneficial credit scores can be when making big investments such as buying a new car. But what exactly qualifies as a good credit score for drivers in Levittown, PA; Langhorne, PA; and Philadelphia, PA? What is Situational Bad Credit? You never know what’s going to happen in your life. One minute you can have a surplus of cash, and the next you may find yourself in debt. In this circumstance, it’s common to find yourself with situational bad credit or a slow pay credit profile. But what does this mean in terms of your financial standing? How Can I Get an Auto Loan with No Credit History? Everyone wants a great financing option so they can drive off in their dream car. But for those with no credit history, doing that can be difficult. However, but just because you don’t have a full financial record doesn’t mean you have to empty out your wallet to get a new car. How Do I Get an Auto Loan if I’m Self-Employed? Buying a vehicle is an exciting time, but if you’re self-employed, you might be worried that the process will be more difficult. While this may be true for certain lenders, in general a self-employed buyer can easily get auto financing if you look for a company that specializes in providing loans to high-risk buyers. What’s a Good Car Loan Interest Rate? Whenever you want to make a major purchase, such as buying a new car or house or applying for a line of revolving credit, it’s best to examine current rates in a specific industry. For auto loans, your best bet is to visit BankRate.com and use their current interest rates page. You can get local rates in your area for 60-, 48-, and 36-month new or used car loans as well as see recent interest rate trends. So if the interest rate in your area has recently decreased, for instance, you’ll be able to see to that. How to Combat Your Car Loan’s Interest Rate. Purchasing a car when you don’t have the best credit can lead to a less-than-desirable interest rate, but that doesn’t have to be your story. There are ways that you can combat your car loan’s high interest rate. Here’s how. Top 5 Credit Mistakes. Most people today have credit cards. In fact, most people have debt in a range of areas, including a mortgage, a car loan, and a student loan. And while this may be the status quo, you should still be aware of some things so you can ensure a positive financial future for you and your family. What Is a Simple Interest Auto Loan? If you’re looking closely at the repayment terms of your loan or debt, you’re likely wondering how much interest you’re paying on that specific debt. Which Is Better: A Fixed or Variable Rate Loan? Whether you’re applying for a home loan or an auto loan, the truth is that there are so many terms involved, it’s easy to get a little dizzy thinking about it all. One of the most commonly asked questions we get at MAC Auto Loans Approval Center is this: Which is better: a fixed or variable rate loan? Top 5 Credit Myths Debunked If you’re like one of the millions of Americans who has debt, then you’ve likely been led to believe that there’s some truth in the top credit myths. But we’ve got the scoop for you on the top 5 myths we hear most often at MAC Auto Loans Approval Center, so you can make a better decision for your financial health. What Is A Second Chance Auto Loan? Have you been hearing the term “second chance auto loan” but aren’t sure exactly what it means? We understand. Financial terms can be complicated and the term “second chance” can seem a little scammy coming from the wrong source. Can I Get An Auto Loan After Bankruptcy? If you’re looking to purchase a car in the Langhorne, Levittown and Philadelphia areas, but you’ve declared bankruptcy in the past, you may be wondering if (and how) you might be able to get an auto loan. How Do I Finance A Used Car? If you’re looking for a great way to save a few (or more) bucks on your next car, then you might be considering purchasing a used vehicle. But when it comes time to go through the buying process, you might be a little confused about how it all works. What Is an Upside-Down Car Loan? When it comes to financing your vehicle, you’ll likely encounter plenty of monetary terms you’re not familiar with. For example, what is an upside-down car loan? Learn what upside down loans are, why they’re risky, and how you can avoid them. What is a Private Party Loan? Financing a car from a dealership is usually straightforward. The dealer already has an existing relationship with lenders and has streamlined the process to make it as easy as possible. If you’re purchasing a car from a private seller, however, you might be wondering how—or if—you can get a loan for your new vehicle. Who is eligible to apply for an auto loan? If you have the burden of a low credit score, it may be difficult for you to be qualified for a loan, which includes an auto loan. You don’t want to waste your time searching for the right lender, only to find out that you won’t be approved! If you are in the market for applying for an auto loan in Philadelphia, read on for more information about the basic car loan requirements. Should I buy or lease my car? Getting a new car can be a very exciting thing for many people. But there are hard financial choices that one has to make when thinking of leasing or purchasing a car that may possible affect one’s finances in the future. What does a co-signer mean? If you are in need of a vehicle, there are many options to consider. Do I buy or lease? How important is it to me to have a new car? If I am okay with a used car, am I able to pay cash in full, or do I need help with financing? If I decide to pay my auto loan off early, is there a prepayment? Getting yourself out of debt as quickly as possible may sound like the best option when you take out a loan. Being in debt may feel like a large burden you want to get out from under, which is understandable. However, due to the way that many auto loans are structured, there may be a penalty that comes with paying one off early. Let’s look at the situations in which you may have to pay an auto loan prepayment penalty. How do I know if I have bad credit? Your credit score may not be something you pay attention to all that often. However, when it comes to financing a car or taking out another type of loan, having bad credit will be detrimental to your ability to find a loan, or at least find one with good terms. We’ll go over how to tell if you have bad credit and what to do if you need to raise your credit score in order to secure a loan. How do I check my status of my auto loan? Buying a new or used car can be a very exciting time in anyone’s life. If it’s your very first car, you’ll be taking on a new and rewarding responsibility that’s all your own. However, filling out an auto loan application can be confusing, especially if you’ve never applied for an auto loan—or any other type of loan—before now. Can I get a credit score if I am self-employed? Absolutely. The fact that you are self-employed does not mean that you cannot have a credit score or that you will have a poor credit score. Since you do not have pay stubs, you will need to find other ways of verifying your income and your creditworthiness if you are planning on applying for a loan. Discover the most reliable ways you can maintain and demonstrate your good credit and how this affects qualifying for a loan. Do I need a cosigner if I have bad credit? If you’re thinking of applying for a car loan and doing your research thoroughly, you’ll understand that your credit score is crucial information in getting approval. A car loan isn’t something you can go without, depending on your situation. It’s also a great way to help build your credit so that applying for financing is easier in the future. Here’s what you need to know if you think you need a cosigner on a loan. How to Refinance Your Car Loan Langhorne, PA Refinancing your car loan simply means replacing your current auto loan with one that has more appealing payment plans or interest rates. Refinancing might be a good option for you if you think that you qualify for a better deal than what you currently have. Discover the four basic steps involved if you’re planning to refinance your car loan. How Do I Understand My Credit Score? People talk about credit scores almost as if they’re these elusive entities with minds of their own, fluctuating at will and dropping from sight when you need them most. In reality, understanding your credit score doesn’t require a wand and magical abilities. Take a look at what your credit score really means, why you need a credit score, and what factors affect your credit. Top 5 Auto Loan Terms to Know “You might want to look at the trade-in value of your current vehicle so you don’t wind up being upside down on your new vehicle.” “Well, the Blue Book value of this particular vehicle is this, but we have this listed on our Monroney sticker.” How Much Should I Budget for My Car Payment? We’ve all been there before: you’re finished with your automotive research, you’ve picked out the car that you like, and you have the phone in your hand, ready to call the financing office. Suddenly, you freeze! Can I Qualify for a Loan If This is My First Vehicle Purchase? Having little to no credit history brings both benefits and drawbacks. On one hand, it means that you probably don’t have anything too disparaging on your record. On the other hand, it could mean that you have no record at all! How Much Should I Budget for My Car Payment? We’ve all been there before: you’re finished with your automotive research, you’ve picked out the car that you like, and you have the phone in your hand, ready to call the financing office. Suddenly, you freeze! What Factors Impact Monthly Payment? If you’re in the process of buying or leasing your next vehicle, you’re undoubtedly considering your budget. After all, a car is a huge investment, and you want to make sure that you can afford it before you just dive right in. How Quickly Can I Get Approved to Buy a Car? If you’re thinking about buying a new car, you’re probably very excited. After all, why wouldn’t you be? Imagine the prospect of sitting behind the wheel, zooming around the city, the smell of fresh leather in your nose, and the feeling of raw power underneath your foot—it’s absolutely intoxicating. Just writing about it is making us shiver. Ways to Apply for Vehicle Financing The process of shopping for your next vehicle is extremely exciting. It doesn’t matter whether you’re getting a car, minivan, crossover, SUV, or truck; whether you’re going with a luxury model or the best discount that you can get; whether you’re buying or leasing—you’re about to pick the automobile that’ll be by your side for the next few years of your life, and that’s awesome. Can I Get a No Credit Check Auto Loan? We live in a world where for many people, having a car isn’t a luxury, but a necessity. When you need to get back and forth to work, to the grocery store, take the kids to school, or just undertake your daily activities, public transportation doesn’t cut it most of the time—you need a vehicle. You can get solid used cars for fairly low costs, comparatively, but what if you have bad credit? What Does Suituational Bad Credit Mean? The automotive financing process can be a long one, especially if you don’t have the world’s best credit score. It can involve a lot of research, a lot of investigation, and a lot of questions. How Can I Find Out More About My Credit History? With so much talk about credit reports, credit scores, bad credit, good credit, and more, things can get a little confusing. Even thinking about cutting through all the jargon can feel overwhelming. Can I Get an Auto Loan After Bankruptcy? Bankruptcy can be a long and difficult process. It can also be a very scary process. The future is uncertain, and it sometimes feels like you’re at the mercy of rapacious creditors, highbrow lawyers, and complicated laws. How Does Car Repossession Work? Drivers who are struggling to keep up with their auto payments are probably worried about the possibility of vehicle repossession. In fact, you might be more than just worried; you might be terrified. Can I Get an Auto Loan After Foreclosure? Way back in 2008, the housing market tanked. This sent a lot of homes straight into foreclosure, and it sent a lot of homeowners spiraling into bad credit and debt—but, you probably already know all of this. How to Get the Best Price for a Trade-In? Trading in your current vehicle for a new one is a very simple way to save tons of money on your next automobile—it’s also quite convenient because you can get rid of something that you won’t truly need. What Auto Loan Mistakes Should I Avoid? The automotive financing process is riddled with opportunities to make a mistake. It can often seem quite complicated, as some creditors want to confuse you so that they can squeeze as much money from you as they possibly can. That’s why our team at MAC Auto Loans created this helpful article! How Do I Buy a Car Out of State? Sometimes, buying a car can seem like a bit of a tricky process. If you’re buying out of state, it just takes it one step further—buying a car out of state can seem complicated and feel utterly outrageous. Are 0% Financing and No Money Down Offers too Good to be True? We’ve all heard about them before: 0% Financing and No Money Down car loans. And, we’ve all asked ourselves the same questions: “Are 0% Financing offers too good to be true?” “Are No Money Down offers too good to be true?” Here at MAC Auto Loans, we’d like to tell you that these deals are the real thing! How to Boost Your Car’s Trade-In Value If you’re planning to upgrade to a brand-new vehicle, one of the best ways to cut down the price is to trade in your old vehicle toward the price of the new one. You’ll save some cash, and you’ll also save yourself the hassle of trying to sell your old car later. Your dealership will evaluate your car’s make and model, age, mileage, and condition to determine how much it’s worth for them to purchase from you. How to Detail a Used Car Before Selling You should give your old car a good cleaning before you sell it. However, a lot more goes into detailing your car to make it look as good as new than you might think. That’s why we at MAC Auto Loans have put together this DIY guide to detailing your car at home in Langhorne, Levittown, and Philadelphia. We want to ensure that you don’t miss anything and you get the most from selling your car. Can I Use My Tax Refund for a Car Purchase? We’ve been getting lots of questions about tax refunds and car purchases lately. Can I use my tax refund for a car purchase? Can I put my tax refund towards an auto loan? Can I spend my refund on a monthly car payment? These are the types of things that people have been wondering. Here’s the answer: YES! Your Cerified Pre-Owned Buying Checklist Looking for your next pre-owned vehicle? We’re betting you’ve come across tons of options in the Langhorne, Philadelphia, Levittown areas, including high-quality, certified pre-owned vehicles, such as those we have at MAC Auto Loans. Tips for Financing a Used Car There are many reasons why drivers in Langhorne, Levittown, and Philadelphia choose to buy used rather than new. If you’re considering making a used car your next car purchase, we’re happy to help you get started on this exciting journey. How to Boost Your Car’s Trade-In Value If you’re planning to upgrade to a brand-new vehicle, one of the best ways to cut down the price is to trade in your old vehicle toward the price of the new one. You’ll save some cash, and you’ll also save yourself the hassle of trying to sell your old car later. Your dealership will evaluate your car’s make and model, age, mileage, and condition to determine how much it’s worth for them to purchase from you. What Are the Advantages and Disadvantages of Leasing a Car? When you’re thinking about how you’re going to finance your next vehicle, a couple of different options come to mind. You can flat out purchase a car, or you can lease a car. The latter option has many benefits that shoppers in Langhorne, Levittown, and Philadelphia can learn more about below. Let’s dive into the advantages and disadvantages of leasing a car. Things to Consider While Viewing a Vehicle History Report There are plenty of benefits to purchasing a used car. But you’ll want to make sure that you’re purchasing the right car by conductions thorough car inspections. While a taking a closer look and taking the vehicle out for a test drive can be pretty good indicators that the vehicle is in good condition, you’ll want to investigate even further to make sure that there won’t be any significant and costly problems down the road. Important Car Payment Questions to Ask When Deciding Loan Terms Buying a car is a big commitment, but it’s also exciting. After all, by the end of the car-buying journey, you’ll be cruising away in your new ride! How to Finance a Commercial Vehicle If you’re a business owner in Langhorne, Levittown, or Philadelphia, you might be considering a commercial vehicle for your business. Unlike a personal vehicle, however, financing a commercial vehicle affects your business and your livelihood, so it’s important to go about it the right way. Important Car Payment Questions to Ask When Deciding Loan Terms Buying a car is a big commitment, but it’s also exciting. After all, by the end of the car-buying journey, you’ll be cruising away in your new ride! Leasing vs Buying Shopping for your new car is an exciting experience, but you may find yourself wondering if you’re better off leasing or buying. Both options have their pros and cons, but deciding between them has everything to do with your individual needs and lifestyle. How to Lower New Car Expenses Now that you’ve finally chosen the sedan, SUV, truck, or any other type of car that’s best for your unique lifestyle, it’s time to learn more about how to help your payments align with your overall budget and financial preferences. What Fees Do I Have to Pay in Addition to the Price of the Car You’ve done your homework and negotiated a great deal on your new car, but when it comes time to sign the contract, you notice that you’re paying much more than what was discussed. These additional fees can come as a shock, especially if you aren’t expecting them, and you may be wondering if they’re all fair. How to Refinance Your Car Loan No matter what life throws your way, it’s always important to keep your finances top of mind. So, let’s say you’re preparing to buy a house, have a baby on the way, or are anticipating another major life event, refinancing your car loan can help you harmonize all your financial responsibilities. What is a Good Interest Rate on a Car Loan? To choose the interest rate and financing opportunities on your car that fit your requirements, you may be asking yourself “What is a Good Interest Rate on a Car Loan?” MAC Auto Loans in Langhorne, PA, is here to help you find out! Can I Get a Pre-Approval for an Auto Loan Before I Choose a Car? Congratulations! You’ve finally decided to learn more about the pre-approval process for the loan on your new vehicle. But, before you head on over to our dealership, it’s important for drivers of Langhorne, Levittown, and Philadelphia to ask questions about what to expect.