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Money and Finances
Reply to "finance a car recently?"
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[quote=Anonymous][quote=Anonymous]Well I thought I was signing up for a 3.99 interest rate via Honda with the intent of paying off the loan as soon as I sold my other car a couple of days later. Big mistake!! I just discovered it’s a straight up finance charge and now I owe an additional $2400 on top of the amount financed whether I pay it off now or within 36 months. I am super super pissed at the dealer because I told them many times I planned to pay it off early and would have done this another way had I known. I thought APR included finance charges and interest, and when I asked what the finance charge was they said there wasn’t one. Whatever you do, don’t be stupid like me.[/quote] Always read contracts before you sign them. [/quote]
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