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How a simple interest auto loan works - Chrysler Capital
At Chrysler Capital, we like to make life simple and when you purchase a vehicle, it comes with a simple interest loan. Understanding how simple interest works can help you to stay on course with your payments, and even save, so watch this short video and read on to discover how. Principal and interest Two important parts of a simple interest loan are principal ... Read More
Pros and cons of ‘buy here, pay here’ dealerships | RoadLoans
“Buy here, pay here” dealerships not only sell cars but effectively act as the bank, too, by providing in-house financing, typically for buyers with bad credit. Interest rates can be higher than other lending options and customers make payments directly to the dealership.
How a simple interest contract works - Chrysler Capital
At Chrysler Capital, we like to make life simple, and when you purchase a vehicle, it comes with a simple interest contract. Understanding how simple interest works can help you to stay on course with your payments, and even save, so watch this short video and read on to discover how. Principal and interest Two important parts of a simple interest contract are principal ... Read More
What is refinancing a car? | RoadLoans What is refinancing a car?
Refinancing a car is the process of taking out a new loan to replace an existing note. The refinanced loan is a fresh contract that gives you the chance to agree different terms, such as monthly payment, interest rate and loan duration.