Skip to main content

Will Your Car Loan Outlast Your Car?

By Marcie Geffner - LendingTree

Some financial experts say long-term car loans are a bad deal. But the fact is that a longer term loan can help make a new car more affordable for you or enable you to purchase a nicer, more expensive car that you need.

How long is long?

In a CNBC video, financial guru Suze Orman says, “Any car loan greater than 36 months is a sign of financial irresponsibility.”

But many people have loans that are longer, in some cases a lot longer.

Read on:
http://blog.lendingtree.com/2015/06/16/will-your-car-loan-outlast-your-car/

Contact Form

Name

Email *

Message *

Blog authors

My photo
Reporter. Writer. Editor. Book reviewer. Part English major. Part MBA. Often at the beach. Always on a deadline.