What factors affect rate paid by consumers for auto loan, Finance Basics

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What factors affect rate paid by consumers for auto loan

What factors affect the rate paid by consumers for an auto loan? Provide some examples. Would someone with bad credit pay a different rate than someone with really good credit for the same auto loan? Is this fair and what type of premium might this be and why? When does a loan amortize the fastest and slowest and why? What is working for one type of loan and against the other type of loan (be specific)?

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Finance Basics: What factors affect rate paid by consumers for auto loan

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What factors affect rate paid by consumers for auto loan

Reference No:- TGS0549086

Recent Questions Asked Finance Basics

Q : Pursuing graduate or postbaccalaureate study

Q : Write three needs of sec financial performance reporting

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Q : Explain the three different kinds of loan payment methods

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