Financing Tips

Few purchases rank higher in your life than buying a car, perhaps second only to buying a home or starting a business. As often as you will use your new car to go to work, the store, your family’s home . . . the real need to own your own car also requires most of […]

Understanding how “credit score” is defined, how credit scores work, and how they’re calculated can help you establish a positive history and financial future. And, this is a critical element in processing approved car loans at JJ Best Banc & Company. A credit score is a number that summarizes your credit history. There are two […]

When you shop for a classic, new or used car, the number to pay the most attention to is the total payment amount. It normally goes way beyond the sticker price. It’s the loan amount plus the taxes, title, fees and interest – how much you’ll pay a month. J.J. Best Banc & Company wants […]

While the average credit score in the U.S. is 710, that doesn’t mean everyone has good credit. If you happen to have a poor or damaged credit score (typically below 670), it can hold you back from getting a new car, renting an apartment or buying your home. Here are seven steps you can take […]

Getting turned down for a car loan can be stressful, especially if you need a car to get to work. Getting a car loan denial for auto financing can really take a toll if your credit is suffering, but take heart – here are some tips from JJ Best Banc & Company that could help […]

Loans for new and used cars have similar terms but far from the same. It’s important to look under the hood and see what you’re really getting. A new car loses 10% of its value as soon as you drive it off the lot. It loses another 10% after a year. That means 20% of […]

After processing many applicants at J.J. Best Banc & Company, few people realize there is a lot to consider before auto financing. If you have poor credit, the list gets even longer and the options fewer. Before making the decision to car finance, consider all the factors and how they work for you. When considering […]

The debt to income (DTI) ratio refers to the percentage of your total monthly income that’s dedicated to your regular monthly bills. J.J. Best Banc & Company is going to review your debt and income calculations to determine your ratio when reviewing your classic auto loan application. In order to get an auto loan when […]