What is your intrest rate on your car? I want to try to lower my car payment.?

Answers:3   |   LastUpdateAt:2012-09-13 03:41:02  

Asked at 2012-08-08 07:39:44
Is so high , I'm just doing. What the banks or credit unions recommend me to refinance a loan through the vehicles?
Answer1math hates me :(Answered at 2012-08-09 07:16:02
A good price on a used car is about 7 to 8 %. If you have bad credit, you could be paying as high as 22%. Make damn sure you make your payments on time for at least 6 months, and then look for a "bridge" company that offers better rates of 15% (or less) to poor credit . Payment for 6 months to a year, then look at a local bank and talk to them , to see if they will write a loan for you . Do not apply for loans at random , talk to them first to see if you have a real chance of being approved. Bank officials have some leeway, and if you like and show a responsible payment pattern , we can approve an application rejected otherwise . Remember, they make money by selling loans, so they want to lend you money , just to convince them that you will pay on time. Good luck .
Answer2SchuRondaAnswered at 2012-08-10 17:21:02
Pay no interest , because I paid cash . If payment is so high , have you considered selling the car and buy something cheaper ? Or sell it and share the car as ZipCars ?
Answer3broklynAnswered at 2012-09-13 03:41:02
0%. Cash purchase . You do not have to worry about interest rate if you do not owe money on the car . Wow, what an idea eh ? MedlinePlus Effective use anyd you will be much happier in the long run .
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