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lenders are normally eager
Topic Started: Nov 6 2013, 11:39 AM (11 Views)
LeaseMerced

These lenders are normally eager to loan the money to those who meet their qualifications. However, the buyer must beware of high interest rates and other tactics used to promote expensive car leases. For example, when an auto subprime lender is approving the loan amount, the buyer should always check the interest rate. With a bad credit rating, the interest rate is normally higher than the traditional banking institutions. Therefore, the person who is leasing the car will need to ensure the agency is not involved in predatory lending practices.









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