Welcome to the Gravity Lending Resources page. This is where we share some of the most important tips, news and other items we come across in auto refinancing and other loan opportunities.
Choosing to lease a car can offer the best of both worlds—a brand new vehicle without the commitment of a long-term loan. However, if you’re approaching the end of your car lease, you may need to act quickly to avoid losing your main mode of transportation. Luckily, there are many end-of-lease options that can help […]
If you’re like many Americans, your auto loan is one of your biggest monthly expenses, second only to housing costs. What you might not know is that auto loan refinancing can help you save money—in some cases, thousands of dollars over the life of the loan. Refinancing your car loan can help you get better […]
When taking out an auto loan, the idea of vehicle debt protection might not be top of mind. However, vehicle debt protection, also known as vehicle debt cancellation, can provide valuable peace of mind for car owners. Think of this type of coverage as life insurance for your loan. It is designed to protect both […]
Deciding to replace your car is never easy, but when repair costs pile up or your vehicle no longer suits your needs, upgrading to a new car can feel like the right move. However, one crucial step often gets overlooked in the excitement of purchasing a new vehicle: securing the best financing rate. Signs It’s […]
When it comes to protecting your vehicle, you’ll likely come across terms like “vehicle service contract” and “vehicle protection plan.” While they may seem similar, they serve different purposes and offer distinct benefits. Knowing the differences between these two options will help you make an informed decision about which is right for you. Understanding Vehicle […]
Many people find themselves struggling with their auto loan payments. It’s crucial to address these financial challenges promptly to avoid more severe consequences, such as repossession. Assess Your Financial Situation If you find your payments getting harder to make, begin by evaluating your overall financial health, assessing your income sources, and listing your monthly expenses […]
Auto financing can be confusing, especially when comparing auto refinancing to loan modification. Understanding the difference can help you make the best choice for your financial situation. What is Auto Refinancing? Auto refinancing involves taking out a new loan to pay off your existing car loan. This new loan usually comes with better terms, like […]
When it comes to maintaining your vehicle, unexpected repairs can be costly. That’s where a vehicle service contract (VSC) can make a difference. But what exactly is a VSC, and why should you consider one? Let’s break it down. What is a Vehicle Service Contract? A vehicle service contract is an agreement that covers the […]
There is truth to the old saying that “a car loses value the minute it is driven off the lot.” The expression refers to a phenomenon called auto depreciation, in which vehicles naturally lose value over time as the result of normal wear and tear, accidental damage, poor maintenance, or external economic pressures. Depreciation affects […]
Leasing a car allows prospective buyers to test new models and technology before committing to a purchase. Sometimes, however, drivers fall in love with their leased vehicle and don’t want to return it. Drivers that just can’t part with a leased vehicle can often keep it as part of an auto lease buyout. Purchasing a […]