Re: Car buying tips
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12% is really ridiculous. Try going through a credit union for a better deal
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12% might be a great rate if his credit is weak like OP stated. Credit Unions might be better but most are credit score based just like regular banks, especially to customers with no history with their CU.
In my town you can get 5.99 for 72 months on 2004 or newer. If your score is 740 or better. A score of 550-600 would fetch a 13-18% rate.
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