Each state has there own state maximum's. Most are around 21. Although in georgia it depends on your purchase price.(cars under 5000. can carry in excess of 28% interest). If you live in a smaller town go to a local bank. That would be your best bet.
Or get a co-signer
2006-12-18 09:20:32
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answer #1
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answered by Anonymous
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It can vary a lot, depending on the dealership. I have had loans in Missouri for slow credit and the interest rate was 21%.
2006-12-18 11:07:04
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answer #2
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answered by donnabellekc 5
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Usually get stuck with 18% or so.
Best thing to do...
Go to your bank or credit union and get "pre-qualified". You can get half the rate and that gives you a number to work with. If you tell the salesman that you are pre-qual'd (don't tell them the amount under ANY circumstances) then they'll work with you better.
2006-12-18 11:08:40
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answer #3
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answered by Anonymous
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Your best first step would be to contact your bank or credit union and let them know about your desire to purchase a vehicle and what rate they might be able to get you. I hope this helps!
2006-12-18 12:07:18
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answer #4
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answered by The Auto Evaluator™ 7
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I think you will find it very hard to finance anything if you have no credit. Good luck.
2006-12-18 11:08:05
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answer #5
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answered by Anonymous
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NONE, THEY WANT ESTABLISHED CREDIT OR THEY OUT SOURSE YOUR LOAN.
2006-12-18 11:07:58
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answer #6
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answered by Anonymous
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