Gloria just finished high school. She wants to be able to buy a car but is not sure how to go about building up her credit so that she can get a good automobile loan. She has been talking with her older brother. He suggested that she start putting money into a saving account so that when she applies for Auto Credit, she will only need to get a loan on a smaller portion of the car. He told her it is much easier getting a loan for a car that has a higher value that what you need to finance. She decided that she would do as he suggested.
