Bhaiyanak asked:
Hi,
Personal loans and lines of credit are good deals these days as an option for financing an auto purchase. Any idea why dealers are still charge high financing rates? I know the expected answers (they are preying on the unaware, etc.
– but I am just curious…
Hi,
Personal loans and lines of credit are good deals these days as an option for financing an auto purchase. Any idea why dealers are still charge high financing rates? I know the expected answers (they are preying on the unaware, etc.
– but I am just curious…
Is there a drawback to financing via a personal line of credit? I amseriouslyconsidering this option for a new vehicle purchase.
Live in Toronto, Canada.
Thanks,
Kathleen