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Posts Tagged ‘Brand New Car’

 

Whats the difference between a personal and auto loan?

Friday, March 13th, 2009
Sammy asked:


I am doing a project for school. We have to find a brand new car, and figure out what the rate will be for a 3,4,5 year loan, and the percentage down payment required. I understand all that…but then it asks…

“Also, find out the rates for a personal loan. (Hint: this is always higher than the auto loan”

what is a personal loan and how can I find the rate for one??? soo confused

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