FEATURE ARTICLE: Car Ads too good to be true?
Every day consumers are bombarded with cars ads on the radio and on television that grab their attention and get them thinking about trading in their current automobile. Consumers are targeted with special finance offers such as, “no money down,” or “if you work, you qualify” Some of those ads although true are sometimes misleading. The dealer neglects to state that the interest rates on these loans may be astronomically high, and the cars in these ads may be high mile models, or have a history that could include accident damage.
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DID YOU KNOW…that when you open credit cards at your favorite stores in order to get the discount, you’re hurting your score?