What details do you kneed when appliying for a loan?
Before applying for a loan, it is best to get your credit score
and improve it if you can. You can get a free credit report once
every year from annualcreditreport.com.
Once you know your credit score, you'll be able to find out what
interest rates are applicable to you. Shop around for the best
rates and terms for you. Check your local banks, credit unions and
online lending companies like up2drive and myautoloan. They will
tell you what documents are needed, how the loan will be given to
you, how you will make payments, among other details. Some may
require information and documents such as the VIN, car
registration, deed of sale, etc.
Make sure that you get the shortest term that fits your budget.
A longer term means a greater interest amount that you need to
pay.
Check out this document to know more about Vehicle
Financing:
http://www.nada.org/NR/rdonlyres/A7731694-50E7-48CE-94E3-2EC33B446287/0/Understanding_Vehicle_Financing.pdf