I get complaints from people who traded in a car they owed money on for new car financing and 2 months later were shocked to hear the new car dealer did not pay off their car loan in 10 days as promised. With this scam dealers pay you less for your trade. When the bank calls, YOU are responsible because the old car loan is still in your name, until the dealer pays it off. If you trade a used car in for new car, make them verify it in writing that they'll pay off your car loan in 10 days, or no deal.

It's crucial before you attempt new car financing, get ALL your credit card balances below 50% of your credit limit or they lower your credit score. You pay on time but can still have a low credit score if balances are too high, or if you applied for credit recently, or if you have too many open accounts.

Consolidation loans are DANGEROUS, because you shift all your debt from one place to another, OPENING A NEW CHANNEL OF CREDIT, while freeing up your credit cards.

There's only one way to restore your tainted credit: Pay back what you owe. If you have credit card balances, transfer them to your lowest APR card.

Some sites give you your credit report free, but you must sign up to their credit monitoring service to get it. You are allowed one free copy of your credit report by a creditor who rejects you, otherwise it's $7.95 from most sites. Your credit report appears online, and shows who has checked your credit history too.

Get your Credit Score so dealers can't lie to you about your score. Close old accounts, they are excess luggage dragging down your credit score. Remove erroneous previous addresses and other errors off your credit report...

This could not be more wrong. Many people get upset when they get their credit score and find out just how low their credit score is...

This scam happens all the time and explains why thousands of car buyers are paying way too much APR than they should be, and don't even know it. All because they did not know their own credit score before going to the car dealer.

No you can't. If your car loan is with Greedy Bank USA, they will never refinance your car loan to a lower rate APR. Why would they? They already have you trapped. When you are auto refinancing, you must always do it through a different lender than your current car loan

Auto refinance loan applications need to be in the same names (with exact spelling) as the names on your current auto loan...