Easy Auto Financing Company
Left Background Start Home seprater How It Works seprater FAQs seprater Auto Loan Calculator seprater Apply Now for Instant Auto Loan Quotes Left Background End
first corner second corner

D to E - Glossary - Auto Financing Terms

top background image
Easy auto loan approval
National lenders network
Online auto loan quotes
Flexible car loan terms
Lowest interest rates
Credit history doesn't matter
No money down auto loans
Low income automobile loan
Financing without cosigner
Subprime automobile credit
Auto dealership financing
bottom background image
Get Lowest Rates on Your Next Car Purchase, No Matter What Your Credit Is!
Valid XHTML 1.0 Transitional
Valid CSS!

A-B | C | D-E | F-G-H-I | J-K-L-M | N-O-P | Q-R-S | T-U-V-W-X-Y-Z

Debit Card (EFT Card) :
A card that looks fairly identical to a credit card that an individual can use to make purchases and other electronic transactions. The advantage of this card is that you are not adding to your debt, just withdrawing money from your bank account.

Dealer Holdback :
An allowance paid by the manufacturer to the dealer to allow the dealer to purchase a vehicle for less than the invoice price.

Dealership :
A company authorized by a manufacturer to sell that manufacturer's products.

Default :
Failure to repay a loan or otherwise meet the terms of your credit agreement.

Deferred Interest :
See Negative Amortization.

Delinquency :
Failure to make payments on time.

Depreciation :
Decline in value of a vehicle due to wear and tear or any other reason.

Destination Charge :
The fee charged by the manufacturer to ship the vehicle to the dealership. This fee is passed on to the customer, and is included on the sticker.

Disclosures :
Information about a vehicles history that is given to the consumer, such as accidents or repairs that has been done to the car.

Discount Points :
Prepaid interest assessed at closing by the lender. Each point is equal to 1 percent of the loan amount (e.g. two points on a $100,000 mortgage would cost $2,000).

Down Payment :
The amount of money that is initially deposited to lower the amount financed.

Earnest Money :
Money given by a buyer to a seller as part of the purchase price to bind a transaction or assure payment.

Electronic Fund Transfer (EFT) Systems :
A technology for transferring funds electronically rather than by check.

Equal Credit Opportunity Act (ECOA) :
Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs.


Dotted Line

Copyrights 2008-2017. www.ezautofinance.net. All rights reserved.

We request you to read our Disclosure and Privacy Policy before applying.

Contact ezautofinance.net for any technical assistance or doubts. Ezautofinance.net exclusively owns the content and logo on the website. Any duplication, editing, distribution and any other kind of exploitation of the same requires our special written consent.

Dotted Line
  Follow Us
LinkedIn Profile   Facebook Profile   Twitter Profile   Youtube Profile   Google Plus Profile
This website is secured by thawte, it's a trust thing.


Nationwide Coverage: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Right Bottom Corner Left Bottom Corner