Example. I bought a car for $8,100 dollars. Somehow I am financing it for $15,000. At 21% APR, I ended up paying $18,150 for an $8,100. Not only that, I have no idea how I could be paying $150.00 out of $300.00 on interest rates. That is 50% not 21%.
Example. I bought a car for $8,100 dollars. Somehow I am financing it for $15,000. At 21% APR, I ended up paying $18,150 for an $8,100. Not only that, I have no idea how I could be paying $150.00 out of $300.00 on interest rates. That is 50% not 21%.
heartlessvietboy 1 year ago