Whas A Good Interest Rate On A Car ? is A 19 % Interest Rate Bad ?!!!
The Answer : Auto finance is what I do for a living and it depends on your credit.For a lot of people 19% sounds high, but there are just as many that would be glad to have 19% because they are either paying a lot more or can not get approved at all.Remember, no one pays the full term of their loan, these loans are a way for people to re-establish their credit, after about 18-24 months of good payments you can trade and get a lot better rate.
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