I’ve never had a loan before, I took one out to get a car after someone hit mine, HELP plz.
I've never had a loan before, I took one out to get a car after someone hit mine, HELP plz. So I had to take out a loan to get a car. I was told that with the warranty my car would be like 24,000, I put down 8,000 so my loan was supposed to be like 16,000. I'm looking at these papers now and it says that my annual % rate is 7.24. I knew about that, the finance charge is 6,218.33 I guess that's a charge to finance something? Sounds ridi...