How

To calculate how much loan you can afford, you need to know your debt-to-income ratio (DTI). This is the percentage of your monthly income that goes towards debts, such as your mortgage, student loans, credit cards, and other payments. A DTI of 36% or less is ideal, but you may be approved for a loan…

Assuming you don’t have the cash on hand to outright purchase a vehicle, your next best option is securing a car loan. A car loan is a personal loan used specifically for the purpose of purchasing a car. The first step in getting a car loan is to research your options. You can talk to…