Credit score affect on auto loan interest rates...?
I am 24 and just began working full time and making pretty good money. I've had 1 credit card and 2 department store credit cards for over 2 years and have excellent payment history and plenty of credit left on all cards. I just applied for an auto loan and got back really outrageous rates like 15 16% so I went on and checked my credit report and realized I had some problems. I had two claims from a doctor's offices when I was in college one for $500 and one for $180. I also had a $14 outstanding balance from somewhere and a $200 outstanding with my cable company for failure to return equipment. I think a few of these are mistakes and I am going to do everything possible to get them resolved ASAP but I would like to know worst case scenario if I do have to pay all these, which is about $900 and I could afford to do right now... What will happen if I pay off and settle all these claims and then reapply for autoloans, will I see a big difference in the rates I'm given?I have very little debt < $3000 and very low living expenses.
How often do auto loan interest rates change?Rolling 6G negative equity into new loan/ Best trade in value.?
When I got my auto, I had good credit, interest rates were low 6.9% Now my credit isnt good, I relied on credit cards to help me out & I am going to get approved for auto loan, but the int. rate is 17.9%. How long after improving my credit will it take to get a good score again? Could I refinance my auto loan in 3 months if I pay down on cards I'm owed quite a bit of money for being a subcontractor just not sure " when" it's going to be paid . If everyone paid what they owe me today, I'd be $9,000.00 better off, and I'd have my credit cards at zero balance. However, I do need a reliable vehicle to get to and from work, and this new one would ensure no worries w optional extended warranty If I keep driving the vehicle I have now & any unexpected repairs are needed, I may be putting money into it along with monthly payments. I plan on paying off new one in 14 months. But the interest on that would be $5,000. Pay off $11,000 loan in 1 year, or go w new loan safety of auto??
What auto loan interest rate will i be offered in California?
My credit is about 690, I have about $5000 balance on my Cerdit cards, never been late on payments, always pay way more than the minimum, I'm single, student, with a part ime job.Wanna buy a used car from carmax....oh and if you could advice on wheather should i get a car from carmax for like 10k or buy a crappy car for like 1000 just to get around with till i graduate ??Ok i've been with my bank home job2 years at least..
How do you do a quick calculator figure to determine an auto loan interest rate?
Will be buying a car soon and I have two questions, 1 Can anyone tell me how to figure the interest rate I'll be paying on a calculator. I want to be able to determine at the dealer and I know they aren't always upfront with the interest rate which is why they try to get you to negotiate the monthly payment as opposed to the price of the car. 2 Most dealers say the internet price on a used car is the lowest available, is this true? Or is there always room to negotiate? I pulled the value of that particular car on KB and the internet price is the same as " what you can expect to pay to a private party" . Still I want to offer a lower price, am I being reasonable?
What is a good auto loan interest rate?
I want to go to a dealership in Seattle, WA and get a loan through them but I don't know what kind of interest rate to except. Also, I know you're supposed to talk down the price, what do you think I could reasonably talk 10999 down?
What auto loan interest rate will i be offered?
My credit is about 600 and wifes is around 650. We make about $130,000 as a combined income. I have a 2000 VW Jetta that i will probably try and sell myself. We are looking to buy 07 08 Pathfinder. Please send only serious info Thanks ahead of time My credit is about 600 and wifes is around 650. We make about $130,000 as a combined income. I have a 2000 VW Jetta that i will probably try and sell myself. We are looking to buy 07 08 Pathfinder. Please send only serious info Thanks ahead of time Also our debt to income ratio is about 20 30%.
What is a good auto loan interest rate?
I'm planning to buy a 2005 Nissan Altima for $8500. The dealership is still running through their banks to find out what my payments would be and stuff. I'm also checking with my own banks, and my parent's credit union to see what I can get. I really have no idea what I should be looking for in an interest rate. I don't know what's too high, or what is ideal. Of course I'm going to go with whatever is lowest out of the banks, but I want to know what to expect before I sign those papers. What should I expect for an interest rate? I owe almost $3000 on my credit cards. I have a $5000 student loan that I haven't started paying yet because I'm not done with school and my credit score is almost 650. What's a good rate and what should I expect?
Help with auto loan interest rate?
Okay so I'm looking to get a new car..or fairly new..I'm 22, my credit score is a 587..obviously not the best but the things affecting it are from 2006...stupid collections that I didn't know about...so anyway i have no debt...I've been living on my own for a few years now...2 jobs, one of them for 5 years now...same apartment for 3 years now..i'm gonna have anywhere from 4 7k to put as a down payment..will I even get a loan? will i need a cosigner? and what interest rate can i expect? i'm looking to get a new sonata, they're great cars and the warranty can't be beat...
