Question: I’m a first-time buyer trying to borrow $16,000 for a car, and most of the lenders are telling me that I’ll pay 14-21% interest rate as well as providing a big down payment. One lender even told me that I’d pay a high interest rate AND have to put $6,000 down. Is there anything […]
Ask AAA: Do First-Time Buyers Have To Pay High Interest Rates AND Provide Big Down Payments?
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