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burnaby
Apprentice
Joined: 26 May 2004
Posts: 15
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 Posted: 09/01/07 - 07:25 Post subject: |
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| I am considering applying for a car loan. It would make my life so much easier since I have to travel a lot in order to get to work. The main problem is that I do not want a cheap car but I could not afford expensive one. That is why I am thinking about taking loan. The thing that interests me is loan charges. Can someone tell me more about them? |
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emmy
Apprentice
Joined: 03 Oct 2005
Posts: 18
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| Posted: 10/12/07 - 03:23 Post subject: |
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| Lenders have the legal right to collect fees from the borrowers. Loan charges are different from bank to bank, from state to state. So you have to remember that you are not paying headline interest but as well fees and charges. You have to do a lot of researching in order to find the bank that provide you with best services. You can ask them all about their charges, and then compare them with other banks. This way you should find the bank that suits you the most. |
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