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Home › Forums › Financial Markets/Economics › In Need of An Auto Loan

  • This topic has 35 replies, 8 voices, and was last updated 14 years ago by j.
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  • November 8, 2009 at 11:22 PM #480090
    preston9u10
    Participant

    I did not know that getting loan is difficult after listening to many people. This is not the case with me I don’t know to which places you have visited and did not get the loan. I’ve got my loan from Meridian Financial (short term loans),

    November 9, 2009 at 12:41 AM #479276
    j
    Participant

    Don’t do it!

    Dealerships make bank off of loans to people with bad credit. Go with the “cheap” (low price) used car paid for with cash. My grandfather never bought a new car and he is a millionaire.

    My best friend from high school said he talked to a neighbor of a friend who is a finance manager for a dealership. The “finance” manager said that he makes 4 points on loans. 4 points is a lot to pay a dealership for a loan, so they are charging people big time for those loans.

    November 9, 2009 at 12:41 AM #479445
    j
    Participant

    Don’t do it!

    Dealerships make bank off of loans to people with bad credit. Go with the “cheap” (low price) used car paid for with cash. My grandfather never bought a new car and he is a millionaire.

    My best friend from high school said he talked to a neighbor of a friend who is a finance manager for a dealership. The “finance” manager said that he makes 4 points on loans. 4 points is a lot to pay a dealership for a loan, so they are charging people big time for those loans.

    November 9, 2009 at 12:41 AM #479811
    j
    Participant

    Don’t do it!

    Dealerships make bank off of loans to people with bad credit. Go with the “cheap” (low price) used car paid for with cash. My grandfather never bought a new car and he is a millionaire.

    My best friend from high school said he talked to a neighbor of a friend who is a finance manager for a dealership. The “finance” manager said that he makes 4 points on loans. 4 points is a lot to pay a dealership for a loan, so they are charging people big time for those loans.

    November 9, 2009 at 12:41 AM #479890
    j
    Participant

    Don’t do it!

    Dealerships make bank off of loans to people with bad credit. Go with the “cheap” (low price) used car paid for with cash. My grandfather never bought a new car and he is a millionaire.

    My best friend from high school said he talked to a neighbor of a friend who is a finance manager for a dealership. The “finance” manager said that he makes 4 points on loans. 4 points is a lot to pay a dealership for a loan, so they are charging people big time for those loans.

    November 9, 2009 at 12:41 AM #480112
    j
    Participant

    Don’t do it!

    Dealerships make bank off of loans to people with bad credit. Go with the “cheap” (low price) used car paid for with cash. My grandfather never bought a new car and he is a millionaire.

    My best friend from high school said he talked to a neighbor of a friend who is a finance manager for a dealership. The “finance” manager said that he makes 4 points on loans. 4 points is a lot to pay a dealership for a loan, so they are charging people big time for those loans.

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