
What to do after buying a car: 10 steps
Take these four steps before you head out on the open road.
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
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Secured auto loans are the most common type available.
Finance a new or used car or refinance an existing auto loan with Capital One. But you'll be limited to its network of dealers.
Tresl and Ally cater to borrowers looking for online financing options.
Fifth Third Bank offers auto loans for new and used vehicles and auto refinance loans to its members with checking and savings accounts.
U.S. Bank vs PNC: both giants offer auto loans, but each with different strengths.
If you have fair or poor credit, consider Auto Approve and Ally for refinancing.
BNPL apps have altered American spending habits.