Types of Credit: Understanding Auto Loans

If you’re in the market for a new vehicle, this elearning course, Understanding Auto Loans, will provide valuable information on what you should consider first. In this course we will talk about the different lender types for loans and their pros and cons. We’ll discuss down payments and loan terms and share tips on making payments. Finally, we will discuss what you should do if you find yourself unable to make a payment so you can protect your credit rating.

Part of our series on Types of Credit, the Understanding Auto Loans course includes a video lesson, downloadable student materials and a short online quiz to check your comprehension.