How to Get a Car Loan in 4 Easy Steps // What You Need to Get an Auto Loan Tired of your old beat up car, riding a bike, using Uber or bumming a ride from friends? Sounds like you need to buy a car. In this video, we're going to tell you how to get a car loan, in 4 easy steps. 0:00- Intro 0:29 - Alex's first car loan mistakes 0:50 - it's time to get a car and you don't have much money saved 1:04 - what you'll know by the end of this video 1:07 - check your credit + free resource 1:16 - the three major reporting agencies 1:22 - what to do if there's negative marks on your report 1:29 - how to check your credit score + free resource 1:35 - how your score affects interest rates 1:43 - what happens if your score is low 1:50 - examples of interest rate variations 2:03 - get pre-approved for an auto loan 2:10 - why it's important to have a pre-approval 2:15 - look at different lending options 2:40 - avoid dealership pre-approvals 3:20 - how too many approval requests can hurt your credit score 3:28 - what you can do if your credit score is too low to get approved 3:43 - pre-qualification is not the same as pre-approval 3:50 - what is a pre-approval? 3:55 - what is a pre-qualification? 4:10 - learn more about hard inquiries vs. soft inquiries 4:25 - use your pre-qualification to setup a budget 4:30 - how much of your monthly take home to spend on a car payment 4:44 - how to reduce your monthly payments 4:58 - what a pre-approval from a bank tells you 5:05 - remember the other expenses your loan needs to cover 5:22 - go find your car 5:35 - find out how the bank is going to give you the money 5:57 - how much time you have to find a car 4 Things You Need to Apply for a Car Loan: https://youtu.be/SrM8AX6_bso How to Apply & Get Approved for Credit Card in 4 Easy Steps: https://youtu.be/mCb9sxdYmEA ____________________ 📦 Moving Out Course: The GTFO Plan ✌🏼 https://www.rethinkfinancialeducation.com/the-gtfo-plan ★★★ FREE DOWNLOADS ★★★ ►12 Steps to Moving Out of Your Parent's House https://www.rethinkfinancialeducation.com/12-steps-to-move-out ►Things to Buy for Your First Apartment Checklist https://www.rethinkfinancialeducation.com/first-apartment-checklist We teach you what you need to know about your personal finances, using words you understand, without boring you to death... because adulting shouldn't suck. Rethink Financial Education Learn more at www.rethinkfinancialeducation.com Instagram: instagram.com/rethinkfinancialeducation Facebook: facebook.com/rethinkfinancialeducation #carloans #howtogetacarloan #autoloans