Saturday, October 31, 2009

Paying up car loan early?

I would like to take a $40000 loan over 5 years with 2.5% interest rate.



How much will I have to pay if i am going to pay up the rest of the loan after 1 year.



Paying up car loan early?

Wait the year and pay cash for the car - you'll be able to negotiate a better deal and not waste money paying interest.



Paying up car loan early?

If you are thinking about getting a loan, then you should know about the basics before you get started. If you understand the basic dos and don閳ユ獩s of loans, then you will be better equipped to find the best loan for your needs. Whatever type of loan you are applying for, you should follow these basic rules to help you find the best deal. When searching for a loan, it pays to do your research. Look for as many suitable lenders as you can, so that you can find the very best deal. There are many online pages that%26lt;!--allow you to compare loan rates from a variety of lenders. As well as looking online, check out your high street banks and mortgage lenders for deals too. You may find the loan that you need here,



http://best-loans.awardspace.com/



If possible, try and avoid taking out secured loans. If the amount you need to borrow is small or you have good enough credit to borrow without collateral, then do so. Although unsecured loans have higher rates, they are less risky because your home will not be at risk if you cannot make the payments.Try and take a loan out over the shortest period--%26gt;you can afford. Taking loans out over 10 years or more can be risky, and you cannot be sure what your financial situation will be at that time.



Paying up car loan early?

Your interest rate is very nice! You won't lose much in interest since your rate is very low to begin with and most likely there is no prepayment penalty.



Paying up car loan early?

There is a bunch of useful information like articles,pictures,videos here to help answer your quetion.http://carloan.featured-resources.info/a...

No comments:

Post a Comment

 

High Risk Credit+ Cosigner Copyright 2008 All Rights Reserved Baby Blog Designed by Ipiet | Web Hosting