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What are the interest rates on used cars?
The interest rates on used automobiles will vary depending on what dealership you purchase it from. If you buy from the actual owner, then there may not be any interest rate. You should ask about this as it is important.
What is nominal interest?
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
What is the average current auto loan rate?
Auto loan rates vary depending on how long one takes to pay off the car and whether it is new or used. For a 60-month new car, the interest rate is 4.1%. For a 48-month new car, the interest rate is 4.02%. For a 36-month used car, the interest rate is 4.69%.
Does Saab used cars have good interest rates?
SAAB used cars have the same interest rates as any other used cars. You should go to a dealership and talk to a financing agent to find out what your finance options might be.
What is the current interest rate of Visa credit card compared to five years ago?
Credit card interest rates often depend on previous credit rating and type of purchases. A basic card that is used for purchases online or at stores has an interest rate currently of approximately 11%. Five years ago in 2008, the average interest rate was 13%.
What is the prime interest rate?
The "Prime Interest Rate" is the interest rate used by banks to base all their loan interest rates (and sometimes other interest rates) on and is usually lower than the lowest rate charged on loans to customers with the best credit ratings.
What is the average interest rate for a fast payday loan?
"Payday loans have HUGE interest rates. Depending on the length of the loan your interest rate can vary from over 200% to almost 1000%. These loans are mostly used by the working poor, and only help to bring already struggling people further into debt."
What fees are for used cars?
We sell vintage & collector cars and charge a flat rate in dollars, but do a thorough analysis of the car before we agree to sell it. We also guarantee the net amount when it sells. The average rate given the guarantee risk is about 20%+- Cars with a higher demand, faster turnover and higher resale value will have a lower equivalent rate near 15%.
What is the highest allowable interest rate for used card in Iowa?
IOWA, the legal rate of interest is 10%. In general consumer transactions are governed at a maximum rate of 12%.
Whats the interest on 1800 dollars?
The interest on 1800 dollars depends on the rate being used.
What is sub-prime rate of interest?
It is one kind of interest rate lower than themarket interest rate for a target group. This type of interest rate was used in USA house mortgage loan to capture all the lower income people. This is the one significant cause of present economic crisis.
Could one explain what the zero rate is?
Zero rate has several meanings. The meaning differs on what zero rate is used for. For example, if it is used for loaning money, then "zero rate" might be used for zero interest rate.
