Tips: Can A Retired Person Get A Car Loan Approval

Yes, a retired person can often get a car loan approval. Lenders look at your ability to pay back the loan. This means they check your income and your credit history. Many retired people have steady income from pensions or Social Security. They might also have money from investments. If your income is enough and … Read more

Your Guide: Can I Junk My Car With A Lien On It?

Can you junk your car with a lien on it? Generally, no, you cannot junk a car that has a lien on it without first dealing with the outstanding loan because the lienholder (usually a bank or credit union) legally owns the car until the debt is paid off. Junking a car requires proof of … Read more