I need help with auto loan information can anyone help?
Wednesday, March 11th, 2009 at
01:50
Honey Buy Xenical Online Without Prescription asked:
I have a few questions actually, i want to get a car loan but my credit is horrible and i don't know what to do i also want a car loan under 10,000, I am looking to buy a car for 3,000 - 4,000 and i found a lot. I also would like to know what my possible lowest monthly payments might be, no bank or auto loan place has answered these for me I'm having so much trouble. Please help me if you know anything. Thank youu!!
Reply:
I know the bank or credit union is going to charge you 17% to 30% per every one thousand dollars you borrow per month. You will need to give the bank $17.00 to $30.00 a month for your car payment. They will run your credit to see if you can make payments. The bank may give you a 60 month loan(5 year loan) so that you can pay for the car before the 5 years are up. Shop around before you buy the car for the best interest rates. You don't need to tell the car salesperson everything.
Source(s):
self
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