Ann. Grace Intro Card Name Phone APR(%) Fee($ )Days APR/mos 1 First Federal Card (843)529-5800 07.15 0 25 na 2 IberiaBank Visa(R) Classic Card (800)968-0801 07.25 0 25 na 3 First Federal CashBack ScoreCard (843)529-5963 08.15 0 25 na 4 ... RATEGRAM'S BEST CREDIT CARD DEALS, For immediate release
www.waltermartinsales.com - As we get closer to the first weekend in September 2012 it should come as no surprise that many are looking for some of the best sales and deals on new and used cars. Most will find that major dealerships will be offering 125% of Kelley Blue Book value for a trade in or 0% APR financing. Always make sure to do research before making a new car, truck, van or SUV purchase.
bestcomputersprices.blogspot.com Labor Day Car Sales 2012 - Deals at Ford, Chevrolet, Honda, Toyota and Nissan This Year
There are many terms, phrases and abbreviations within the financial industry. The majority of which will not interest you or mean anything relevant to you. There is some financial jargon however, that you should be familiar with. One of those terms is an abbreviation and it is probably the most important you will ever need to learn because it is directly relevant to you if you should ever want to apply for a loan. APR or Annual Percentage Rate is a term that you will see whenever you see, hear or read an advertisement from a loan company. So what does it mean and how does it apply to you?
The annual percentage rate (APR) is the charge that you will have to pay the loan company in return for them lending you money. It is obviously calculated as a percentage of the full loan amount so will vary depending on how much you intend to borrow. Here is a simplified example...
If you were to apply for a loan amount of $ 1000 and the APR is 10% then you will have to pay the loan company that percentage of the remaining amount owed. In this case it will initially be 10% of $ 1000 which is $ 100. Loan companies can and sometimes do calculate interest on a month by month basis but mostly it will be calculate it over a year (hence the 'annual' in APR). In our example, should your remaining debt be $ 500 in the following year then the interest payment will be calculated at 10% APR of $ 500, or $ 50.
With this in mind it should be fairly obvious to you why it is so important to find a low APR loan. With so many loan companies on the internet all trying to grab your attention with their fantastic loan deals it is important to keep your eye on what is important. The APR. You will likely be repaying this personal loan for years to come and even 1% variation in APR could cost you thousands of dollars in the long run, especially if you are borrowing a large amount and repaying it over a long period.
The importance of shopping aro und and even trying to haggle with loan companies cannot be ignored. If your credit rating or score is excellent you will have more clout in terms of getting a good deal. With a poor credit rating loan companies will obviously be taking a greater risk in lending you money and this will likely be reflected in the APR you are offered. So be realistic. You are not going to find a company to offer you a $ 10,000 loan with a low APR if your credit score stinks. But all the same, you must try and find the best APR available to you in your current circumstances. There are many comparison sites available with lists of loan companies that you can browse through for the best deal. But no matter what perks or amount of money you may be offered, remember to keep your eye on the real prize... low APR loans.
Find More The Meaning and Importance of a Low APR Loan TopicsQuestion by Who cares: What makes you "qualified" for 0% or 3.9% APR for vehicle financing? I've already been preapproved for GMAC financing. I was just looking on the website at the special financing offers that they are offering right now. If I can buy a new car at 0%, it would be a better deal than buying a used on at say 6.5%. What determines if you qualify for "special" financing or should I just expect not to get it? My credit score is 702. Best answer for What makes you "qualified" for 0% or 3.9% APR for vehicle financing?:
Answer by Dee
A fair Isaac score of 680 or better and a income sufficient to repay the loan.
Answer by SPIFIMAN1
Auto finance is what I do for a living and with Chrysler it requires you to be an A tier which is a 680 score or above with the credit profile to match, enough income to budget for the payment and to finance for no longer then 60-months. You also give up all rebates when you get 0%. I have seen several deals where the payments were lower using the rebates and 72-months.
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