Mastering Car Loans: How Do They Really Work? [2023 Updated]
This guide explains how car loans work, from the loan amount, APR, and loan term to eligibility. Learn key terms and FAQs to navigate the car loan process.
Michelle Roland has 20+ years of industry experience. She is a retired freelance writer mainly focusing on the credit industry, serving as a consumer affairs manager for FICO and account manager for Equifax.
Retired in 2014 after forty years of credit industry experience with Fair Isaac Corporation (FICO), Credit.com, Nerdwallet.com, Credityelp.com, and others. Presenting various roles in my life, I enjoy each: Writer, credit scoring subject matter expert, media spokesman, credit bureau operations manager, online community manager, consumer affairs manager, and expert witness.
Michelle has 20+ years of industry experience and is a retired freelance writer mainly focusing on the credit industry. She is also well-defined as a credit expert with decades of consumer credit working experience, serving as a consumer affairs manager for FICO and account manager for Equifax, contributing solid hands-on credit knowledge to her audience.
As a writer, Michelle joined CreditYelp this year and has created many popular articles on credit cards and personal loans.
DePaul University
Masters, Finance
1996-2000
New York University
Masters, MBA
1975-1981
New York University
Bachelors, Biology
1969-1973