Questions About Car Loan Rates California

Jenny asks…> >

>I have just filed Chapter 7 Bankruptcy in California. What kind of interest rate can I expect on a car loan?> >Also where is the best place to get a >car> >loan> in my financial situation?> > >

> >Jack answers:>

$2,000 + tax & tags down, and a rate of 24% (highest allowed by law).> >Look for a dealership that has the program “Guaranteed Credit Acceptance” by Credit Acceptance Corporation. They are a second chance financing bank that will help rebuild your credit, most of the time without a co-signer.> > >

Mark asks…> >

>Can i cancel a car refinance loan i made three days ago through Wells Fargo in California?> >I refinanced my >car> >loan> through wells fargo and i don’t like the interest rate that they gave me so i want to cancel the >loan>, want to keep my original >loan>. I have already tried to call my original >loan> company and tell them to return the check, but they say there is nothing they can do. I tried to get Wells Fargo to stop payment on the check but they said i had to go to the branch. Are there any other things i can do? Maybe write a letter or something?> > >

> >Jack answers:>

No you can’t. But you might be able to refinance again.> > >

Donna asks…> >

>what percentage rate can I get for an car loan with bad credit (no bankruptcy)?> >I want to simply find out what, on average, the credit >rates> for an >car> >loan> would be for someone with mediocre credit living in >california>.> > >

> >Jack answers:>

Try lendingtree.com. This is where I got my autoloan from. I had my check to buy my car in a week. You under no obligation if you do not like any of the offers that you get from the banks.> >I’ve bookmarked this site to go back to next time I need a loan…> >Http://www.knowledged.info/go.php?link=auto> >Best of luck to you.> > >

Laura asks…> >

>if i have an 806 credit score, what kind of interest rate can i expect on a home loan in california?> >lets pretend we make about 85k a year between the two of us. our only debt is a >car> >loan> and 10k in student loans. how much baby?> > >

> >Jack answers:>

Depends on your income and debt ratio as you are aware of … I just refinanced and got 6.5% so cannot be more than that!> >Good Luck!> > >

James asks…> >

>BAD CREDIT FOR A CAR LOAN?> >Whats the worst case scenario interest rate on a used >car> >loan> and usually what is the minimum % for a down payment? I live in >california>, Also how much is it for registration and all those dealer fees?> > >

> >Jack answers:>

There are a huge number of banks that deal with auto loans for people with challenge credit. The two best choices are:
1. Go to a very large dealership that advertises that they help people with credit problems. A large dealership will normally have more banks they work with, more talented leading specialist on staff, and stronger relationships with the banks. (There are exceptions to this rule of thumb.)
2. Put down a large down payment. The more money you put down, the more likely the bank is to give you the loan.> >Also, note two additional things:
1. Depending on current rebate offers, a new car may be easier to finance with a lower payment and lower down payment for you.
2. Some credit unions are wonderful for people with credit issues.> >My advice is to find a dealer you feel comfortable doing business with. Believe it or not, there are honest auto dealers and honest car salespeople. Try to find one you instinctively feel good about. Generally, you will get the best deal from a “good person”.
For car loan quote > >—————————————–
http://www.loansandinsurances.com/> > > >Powered by Yahoo! Answers>