When you’ve checked your credit score, now’s the time to start asking around for that car loan. Your bank will offer car loans as part of its package of services. Obviously, the bank knows you since most transactions will go through your account(s). So you can relax, join the queue to see one of the loan officers and get a quote. But it is much more convinient to sit down and use a site like this to get online quotes. No waiting in queues. Then there are the finance companies. You can always pick up a telephone and ask for a quote. Car dealers can offer their own loans or act as agents for the finance companies or the manufacturers. It’s humiliating to have the reproman come and take your car away when you default. It looks bad on your credit records as well. Be realistic in what you borrow and the rates at which you borrow. If all else fails, make do with the current car. All that? Sure thing! Never accept the first deal offered to you. Car loans can vary from the affordable to the eye-popping insult. You need to get as many quotes as possible, look carefully at how the instalments fit into your current commitments, and decide whether you can afford this new car.