Be Wary of Ads
Don’t jump at the ads that seem ‘too good to be true,’ they probably are. Do your research, get quotes from multiple lenders, and read all the fine print. Ads will highlight low initial interest rates and monthly payments without stressing that those rates and payments will rise significantly in the future or that only ‘perfect credit candidates’ qualify. Gather all of the facts and ensure that any deals you consider meet your financial requirements.