Most people get attracted to a low-interest installment loan, which lasts for a long time. But staying in debt for nearly 7-8 years for a car seems a bit uncalled for and is a poor financial choice. Your maximum payoff time limit should be four years. It'll give you ample time with the car, and you can change your car afterward. Now, if you are opting or have opted for a 7-year car loan, don't worry. You're not alone. 72% of new vehicle loans are for seven years and longer. While seven Read more [...]