How Not to Fall Behind on Car Payments

Key from car and the calculator on money.According to a recent study performed by the credit and research firm Experian, more and more Americans are falling behind on car payments. Experian measured the delinquency rate of drivers that had taken out auto loans and discovered that between 2013 and 2014 the number of borrowers delinquent on payments by 60 days increased to 27%. This increase is said to be directly linked to lenders providing borrowers with loans that they cannot afford to pay off properly and in a timely fashion.

Thankfully, flexible auto financing near Indianapolis is available from Indy Car Financing. Our financial experts can provide bad credit auto loans for Indianapolis drivers that won’t go over their budget. Before consulting with one of our financial experts, we have some helpful tips on how to stay on top of your car payments.

Do Thorough Research Before You Invest

If you’re considering sub-prime auto loans near Indianapolis, the first thing you need to do is develop a car loan budget. Research your current spending habits, your auto needs, and determine how much of your income will be put toward car payments. To get a better idea of what type of vehicle you can afford, use an online payment calculator to find out exactly how much money you’ll need to spend on a monthly basis. Once you have your budget established, it’s time to meet with one of the staff members at Indy Car Financing to discuss your best options.

Strong Partnerships Lead to Success

When we work with clients to help them take home a vehicle that meets their automotive needs, our experts develop a payment plan that’s personalized for their budget. Indy Car Financing doesn’t use blanket solutions. Our professionals provide auto financing near Indianapolis for qualified applicants to ensure that a sub-prime car loan is the best and most affordable option. That way, you can build credit with on-time payments while enjoying the freedom of a car that best matches your style.

Secure Affordable Car Payments with Indy Car Financing

To receive competitive auto financing you can count on near Indianapolis, contact Indy Car Financing at 855-468-6215 with your questions. We’ll be happy to arrange a consultation.

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