Knowing your credit score smooths out buying process.(Auto Saturday)(Ask Paul)

0 Comments | Daily Herald (Arlington Heights, IL), December, 2006

Byline: Paul Brian Dear Paul: Where should I start looking for a car loan? Do you recommend a bank in the area I could use? M.G. Dear M.G.: You're wise to make buying your money as important a part of the process as choosing the right vehicle, but there's no magic formula for everyone, as everyone's situation is different.

The current market climate is being buoyed by substantial incentives from nearly every manufacturer. Those incentives can come in the form of a straight-out rebate or a financing incentive. The manufacturer's promotional rates will be tied to what are known as "captive" financing institutions, meaning Ford's would be placed through Ford Motor Credit, GM via GMAC or Toyota via Toyota Motor Credit. The promotional rates you see advertised...