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Have to downsize monthly payment, but don’t want to get screwed on interest rate.
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Needing to downsize my car payment but I’m getting discouraged from the high interest rates, recently got pre-approved at Chase Bank (my current loan holder) for 40k at 11.24% APR. I definitely won’t take that considering my current loan is only at 5.99%.
I haven’t tried any other banks but my question is, would there be much variation in that rate on other banks? Or should I just try and look for a cheaper vehicle.
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- 1 year ago
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