I’m refinancing this terrible loan and the bank person grimaced when they saw this.
Is cash for a beater car no longer an option? I don’t want to be a “less avocado toast more bootstraps” person but a loan for a used car sounds wild to me. Maybe I’m out of touch. My vehicle is old enough to drink
Buy from the owner, not a dealership. Plenty of people selling beaters on Craigslist and Facebook marketplace.
Interest rates above like 10% should be illegal.
Wait until you see the payday loan usury rates!
I’ve gotten mail that have checks that you can immediately deposit if you’re in a pinch, but when you need to pay it back the APR on them is 89% 💀
Where do you live?
I got a new one today!
This one has an APR of … 96.251% 💀
Bruh.
Maybe try the opt out? (Not trying to sound rude)
I was sold a car with a 14% interest rate after being told I wouldnt be charged for interest if I paid it off in the first month, so I could pay it off when my CD popped that week. The bank then told me that I had to wait to pay it off until it “appeared in their systems”. Turns out that happened right when interest ticked! Funny how that works
