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Nearly 70% of all new cars purchased are on finance, making car loans one of the most popular types of consumer loans at present. However, despite the initial attraction of car financing, several borrowers later have trouble keeping up with their loan repayments, which ultimately affects their credit scores. As per a recently conducted Kelley Blue Book study, sixty per cent of car loan shoppers are now choosing longer term car loans as a way to reduce monthly repayments. While this is a smart move, reduced repayments alone cannot keep things in control and some other factors must

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You definitely need a sound credit record to make your financial life run the way you want it to run, but it is also a fact that most of  people have some kind of bad credit that clings to their credit report like an incurable disease. You can’t succeed to get loans, buy a vehicle or get approved for a home loan if your credit record is not quite good. Usually, lenders review your credit report whenever you apply for home loan, credit card, car loan etc. The three major credit agencies that

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