Wednesday, May 26, 2010

What are my options?

I applied for an auto loan for 20k and only got approved for 14k. What else can I do to get more? My rate is 6.25%.



What are my options?

Try another lending place.



What are my options?

Buy a cheaper car. Most 1-2 year old used cars are turn-ins from leases, so you might find something there.



Better yet, buy a really cheap car, so that you won't need an auto loan at all. Rich people get rich because poor people pay for the same thing twice (purchase price, plus interest)



What are my options?

the rate is great and if i was you i would lower my sights and buy a 14k car and be happy!!!

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