Reccomend an Auto Loan source?
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Originally Posted by candyass,Oct 8 2007, 03:52 PM
I have had good luck with Credit Union of Texas. I think you have to open a checking or savings acct. No big deal, just put $100 into a savings acct. Looks like their current loan rates for used cars are right at 6% if you have excellent credit and plan to borrow less than 63mos.
CUofTX
CU of TX current auto loan rates
CUofTX
CU of TX current auto loan rates
"Repayment Examples: 36 monthly payments of $30.38 per $1,000.00 borrowed at 5.90% APR; 60 monthly payments of $19.36 per $1,000.00 borrowed at 6.05% APR."
Would that mean that if you finance say 10 grand over 36 months that you're paying 300 a month total towards the principal and interest?
Joined: Nov 2006
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From: Dallas area
Originally Posted by CosmosMpower,Oct 8 2007, 06:23 PM
Thanks for the links, I think 6% flat is pretty much the best deal I've seen. This part confuses me though.
"Repayment Examples: 36 monthly payments of $30.38 per $1,000.00 borrowed at 5.90% APR; 60 monthly payments of $19.36 per $1,000.00 borrowed at 6.05% APR."
Would that mean that if you finance say 10 grand over 36 months that you're paying 300 a month total towards the principal and interest?
"Repayment Examples: 36 monthly payments of $30.38 per $1,000.00 borrowed at 5.90% APR; 60 monthly payments of $19.36 per $1,000.00 borrowed at 6.05% APR."
Would that mean that if you finance say 10 grand over 36 months that you're paying 300 a month total towards the principal and interest?
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