2 min read • Published November 10, 22
Unless you have all of the cash available on hand, you’ll probably end up needing a loan to get the car you want. We can teach you how to save on loans. There’s nothing wrong with a bit of help, but traditional borrowing costs tens of thousands in interest. By the time it’s all said and done, you’ll be in debt paying for a car worth nothing. So, how do you get the car you want without breaking the bank?
Explore other options
There are many alternatives to bank loans, but many of them will still see you pay extra to access their money. If you want to get ahead on your plan to buy a car, you should try a savings club! A savings club brings aspiring car owners together to teach patience and financial literacy. By agreeing to commit savings to a common fund each month, each person in a group can alternate using the money raised to get the vehicle they want.
Loans from the bank end up charging you tens of thousands in interest. You don’t have to worry about this with a savings club. Tired of bending over backward to pay the bills? Save on a loan that was made just for you.
Accessible financing: You too can save on loans
If you’re looking for a club to join, try ours. savings.club is for everyone. Our club makes financing easy because we:
- Only charge a flat monthly fee for members
- Have the lowest EAPR on the market
- Can help you build a credit history
- Let you choose your contract term
- Work with you on your monthly rate
At savings.club, financing is made just for you. See how much you can save by using our simple loan calculator today. If you need help, reach out and we’ll connect you with a representative ASAP. We can’t wait to welcome you into our club!
As savings.club’s copywriter, Ash takes on various B2B and B2C communication tasks. He went to school for illustration at SCAD. There, he developed a passion for writing and effective storytelling. Ash is fond of journalism and reporting on the facts. He’s interested in new and groundbreaking ideas, especially ones that challenge the norm. Ash still loves to create art outside of work. His cartoons and writing have even been featured in The New Yorker!