Solve an argument - refinancing car loan AFTER making really large payment? - car refinancing
If you are considering) refinancing your auto loan a few months (at a much lower interest rate, which is the logic of buying a lot of money now for the loan company to offer a high level of interest right now?
Seriously, I'm missing the logic. Would not it be wiser if you have a lot of money (the three high interest rates for a car loan is equal to), why not just make your normal remuneration for the months of future refinancing of a lower rate and then pay the largest piece of silver?
Wednesday, December 30, 2009
Car Refinancing Solve An Argument - Refinancing Car Loan AFTER Making Really Large Payment?
1 comment:
Loan of modern vehicles, must be made known financial institutions, with simple interest - you pay a portion of interest payments and a portion is the most important month. That is, every day that you put money into a higher interest rate loan is interest expensive. Make the mortgage rates much higher today and next month is payable in respect of capital goods, and a month after it is paid in respect of capital.
Now that it's time to refinance, you do not have as large a loan, which in most cases reduces the installation time to pay costs and fees, the loans were and still that small loans at a lower interest rate.
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