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Car loan with 24% interest. Is paying biweekly a good idea?
Car loan with 24% interest. Is paying biweekly a good idea? So my father financed a new car with a cosigner. 2020 is the year of the car I think. He told me he had to pay it and asked if I could make the account with the bank that lend the money. Knowing him, I thought he had like 15% interest on it. But no, I saw it was 24% APR!! That's equivalent to a credit card interest. I told him it's nuts and inst...
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