Help! My new car financing has eaten my raise!
Let’s take a look at the facts: property prices are rising at a rate of 10-15% per year, tuition fees are on average 10% each in the fall increases, and the costs of Energy – Well, it depends on the average increase in prices in the weeks do you happen to be on the lookout, but have a double digit growth of the norm in recent years. And now, the really depressing: the average wage increases between 3 percent and a miserable 4 in the last three years have skyrocketed. Now, what you ask, what shall we do with the financing of car? Hey, if simple, can be explained as it cooks in a matter of numbers. Interest rates: They are small, the hidden killers that destroy life and pensions in the context of life possible. Auto financing is the credit decision is the second largest you will ever make, the first being the mortgage on your house. Then, as an example, say you made $ 30,000 per year and are looking to finance a $ 25,000 vehicles over five years. to achieve the difference between auto financing approved at 6% interest and 16% interest will be $ 130 per …
Read more

10. Apr, 2010 