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"Education Allies" are organizations that share our commitment to expanding consumers’ understanding of the vehicle financing process, and are working with AWARE to disseminate this information. To learn more, click here.
AWARE is currently working with the following organizations:
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The Council of Better Business Bureaus |
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AWARE is a national education campaign with a singular goal of building a greater understanding among consumers about how the vehicle financing process works.
Welcome to our July E-Newsletter!
Newlyweds are in the Driver’s Seat When Purchasing Their First Vehicle
With the most popular month for summer weddings behind us, many newlyweds are returning home from their honeymoons to begin their new lives together. It is during this period that couples make major personal finance decisions in their lives. Buying a car or truck is often one of the first major joint purchases for newlyweds... Newlyweds should apply the old wedding adage "Something old, something new, something borrowed, something blue" when financing their first joint auto purchase... (click here to read our tips)
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In this monthly column, Eric Hoffman of AWARE addresses consumers questions about all aspects of the auto financing process. Here's an excerpt from this month's column:
Three years ago I bought a new car when my credit was less than perfect. Since then, I’ve worked hard to clean up my credit... Recently, I heard I could refinance my car loan without penalty. Is this true?... Do you think I’ll be able to get a better annual percentage rate?
Congratulations on getting your credit report cleaned up. Having a strong credit history is hard work, but the rewards that come with it, namely opportunities for more competitive rates, are worth it. Yes, you can refinance your auto loan and typically there are no penalties to do so. Refinancing might be your best option, but it will depend on a number of factors... [Click here to read more] |
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| AWARE IN THE COMMUNITY
 AWARE recently attended the 97th Annual NAACP Convention in Washington, DC. AWARE provided NAACP delegates and thousands of visitors from around the nation with information, tools, and resources to help them better understand and navigate the auto financing system. Click here for more information or read our press release.
 Earlier this month, AWARE also attended the National Council of La Raza Annual Convention in Los Angeles to share information and resources on vehicle financing. NCLR is the largest national Latino civil rights and advocacy organization in the United States. The 23,000 attendees ranged from community organization leaders and activists to elected / appointed officials to college students and youth. Click here for more information or read our press release.
AWARE (Americans Well-informed on Automotive Retailing Economics) is sponsored by the American Financial Services Association, National Automobile Dealers Association, National Association of Minority Automobile Dealers, American International Automobile Dealers Association, and other auto dealers and finance companies. All of the companies and associations involved have a long history of educating consumers about auto financing. For more information about AWARE, including AWARE members and how to become an Education Ally, click here. AWARE can be reached at (866) 693-4464 or via e-mail at info@autofinancing101.org. If you no longer wish to receive AWARE's e-newsletter, send an email with the subject line "unsubscribe" to info@autofinancing101.org.
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