What's the worst finance rate that anyone should get. Even if they have poor credit?
2006-10-04 07:09:19 · 4 answers · asked by needhelp 3 in Business & Finance ➔ Personal Finance
highest credit card one i've seen is 29.99%
2006-10-04 07:16:22 · answer #1 · answered by bella_4624_19 4 · 0⤊ 0⤋
What are you financing? How poor is your credit score? If you are financing 100% of the value of a house with a 580 credit score you will be between 9-11% if there are no recent bankruptcies.
2006-10-04 14:59:54 · answer #2 · answered by babyred 2 · 0⤊ 0⤋
Some states have laws which limit the finance rate a corporation in that state can charge. In Massachusetts it's 18%. But other states, like Delaware don't. That's why so many credit card companies are incorporated in Delaware.
2006-10-04 14:13:39 · answer #3 · answered by jim 6 · 0⤊ 0⤋
This depends on what you are financing. Card cards can be up to 30%. If even approved, a car or house can be in the teens.
2006-10-04 14:13:19 · answer #4 · answered by Andrew G 2 · 0⤊ 0⤋