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CarsDirect.com Introduces CheckInterestRates.com.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  -- Online Leader's Newest Consumer Research Site Provides Instant Intelligence for Researching New Home, Refinance Refinance

1. When a business or person revises their payment schedule for repaying debt.

2. Replacing an older loan with a new loan offering better terms.

Notes:
When a business refinances they typically extend the maturity date.
 or Home Equity Loans

CarsDirect.com, a leading provider of online automotive & mortgage research and shopping services, today announced its latest consumer web site, CheckInterestRates.com (www.checkinterestrates.com). This new destination has been specifically designed as a fast and no-hassle resource for borrowers who want to cut through the confusion, complexity and clutter of mortgage loan rate information. Featuring constantly updated loan rates from hundreds of lenders, as well as easy-to-digest consumer information about mortgage terms and loan types, CheckInterestRates.com delivers instant intelligence about the best available mortgage loan rates and programs in all 50 states.

Like all CarsDirect.com web sites, CheckInterestRates.com puts the consumer firmly in control. CheckInterestRates.com does not limit available rate information to only a select few lenders -- unlike many other loan information sites. With just one click, a consumer can compare rates on different loan products from dozens of lenders. For each lender, consumers also see points charged and when the rate was last updated. CheckInterestRates.com is also one of the only sites to offer one-click access to all of a lender's available loan programs and terms for a specific state.

CheckInterestRates.com is the newest addition to the CarsDirect.com's rapidly growing portfolio of consumer services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals,  designed to take the pain and hassle out of traditional, big-ticket item big-ticket item Managed care A popular term for an expensive therapeutic or diagnostic procedure  purchases, and follows the recent launch of the Company's first home financing site, LoanStore.com (www.loanstore.com). LoanStore.com is a new home loan destination that offers borrowers a wealth of benefits, including a best rate guarantee, one-click competitive quotes from up to four lenders, the services of a personal lending specialist and a fast application process. Consumers can start their research at CheckInterestRates.com, a perfect first stop for anyone just starting out on the road to determining whether a new home, refinance or home equity loan makes financial sense, then navigate (1) "Surfing the Web." To move from page to page on the Web.

(2) To move through the menu structure in a software application.
 to LoanStore.com with just one click for the full array of lending services.

"Whether you're planning on buying a new car or a home, researching the best way to finance that big-ticket item should be fast, easy and pain-free," said Bob Brisco, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , CarsDirect.com. "That's why we not only re-invented the way people buy vehicles, but we improved customer experience at every step leading up to the actual purchase. With the debut of CheckInterestRates.com, we've now brought an all new level of simplicity, convenience and consumer satisfaction to the loan rate research and shopping process."

CheckInterestRates.com licenses its mortgage loan rate data from Informa Research Services, Inc., a provider of the financial industry's most extensive array of market research and decision-support information. Informa's extensive financial product database is a popular source of licensed editorial content for financial portals Financial Portal

A website that provides a variety of financial data and information, acting as an information hub for clients who are individual investors requiring timely financial news and data to make their investment decisions.
, websites, newspapers, and magazines, attracting major Internet partners, including Yahoo! Finance, Quicken A popular financial management program for PCs and Macs from Intuit, Inc., Mountain View, CA (www.intuit.com). It is used to write checks, organize investments and produce a variety of reports for personal finance and small business. , CNN.com, ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). , MyFico.com, and Internet Broadcasting Internet Broadcasting (formerly Internet Broadcasting Systems), or IBS, is a provider of television station web sites. IBS hosts over 70 local stations' sites, and co-produced NBCOlympics.  Systems.

About CarsDirect.com

Los Angeles-based CarsDirect.com (www.carsdirect.com) is a leading online automotive research and shopping service, providing new and used automobiles and related products and services, such as loan and lease financing and in-demand aftermarket Aftermarket

See: Secondary market.


aftermarket

See secondary market.
 products including extended warranties The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
. CarsDirect.com is the first online provider to offer visitors a dedicated Research Center as well as three distinctive car buying options: buying a new car online through the company's award-winning direct channel; being matched with a top-quality new car dealer of their choice via the CarsDirect Connect channel; or locating and purchasing a previously owned vehicle through the CarsDirect Used channel.

CarsDirect.com has been named one of the "50 Best Websites" by Time Magazine, chosen a "Forbes Favorite" three times by Forbes Magazine and selected as a "Top 100 Internet Site" for three consecutive years in PC Magazine.

Recently, CarsDirect.com added to its rapidly growing portfolio of consumer services designed to take the pain and hassle out of traditional, big-ticket item purchases. In August, the Company introduced Autos.com, the industry's first website to offer shoppers best-to-worst vehicle rankings. In September, the Company debuted LoanStore.com, extending its award-winning no-hassle service expertise to home mortgage lending. In October, CheckInterestRates.com launched, with access to constantly updated loan rates from hundreds of lenders, as well as easy-to-digest consumer information about mortgage terms and loan types.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 7, 2004
Words:722
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