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- August 28, 2017
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- Comments Off on How to Get a Used Car Loan
How to Get The Best Rate on a Used Car Loan
If you need a loan to get a new car, you want the best rate, here are a few details to help you prepare to ensure when you are ready to purchase a new or used car you will get the best rate. There are a few factors that determine the rate and how much the bank is willing to lend.
Factors in Used Car Loans:- Condition of Car
- Credit Score
- Payment on Time History
- Types of Credit on Credit Report
- Ratio of Debt to Income
- Size of Loan
The condition and age of the car will affect a used car loan as the banks don’t want to lend money for a car that won’t be worth much towards the end [...]
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