I am trying to prove a point to a friend here and I need your help!
2006-09-03 18:33:24 · 7 answers · asked by Sunney 1 in Cars & Transportation ➔ Buying & Selling
Interest rates for credit criminals are always going to be "state max". State max varies based off of length of time financed, year of vehicle, and whether or not new or used. They will range from 15% or so to upwards of 30%. However, it varies from state to state, as each "state max" is regulated by whichever state you are buying the car in.
2006-09-04 03:26:34 · answer #1 · answered by Manny 6 · 0⤊ 0⤋
Interest rates for terrible credit can range beteween 15% and 30% depending the finance company and the credit history
2006-09-04 01:37:41 · answer #2 · answered by davecat350 4 · 0⤊ 0⤋
Up to 30% or more in some states.
2006-09-04 02:55:03 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Need substantial down payment proof of employment and income report, 15 to 22 percent. It is really crappy what credit companies can do to you!!
2006-09-04 01:41:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
18% minimum, 26-30% is more common (this assumes no downpayment; if credit is really bad, they may not finance at all without some downpayment and verification of employment)
2006-09-04 01:35:50 · answer #5 · answered by Dwight D J 5 · 0⤊ 0⤋
it depends if you do it at the car dealer or a bank. if you have really bad credit, you might not be able to do it at the bank. at car dealer?!?!? they will do anything to get your business now a days. so you might get it off with a stated income, w/o checking your credit.
2006-09-04 03:39:26 · answer #6 · answered by Young 2 · 0⤊ 0⤋
24.9 % APR in the states.
2006-09-04 02:29:50 · answer #7 · answered by Anonymous · 0⤊ 0⤋