Wednesday, May 26, 2010

Does anyone know what the maximum interest rate that can be charged in Texas for an auto loan.?

I you don't know, where can I start my search?



Does anyone know what the maximum interest rate that can be charged in Texas for an auto loan.?

Texas does set a maximum interest rate for buying a used vehicle...not sure about new. Good luck trying to find what the interest rates are on the web, though -- you can find lots of sites that say it, but none of them give the rates.



How the auto dealerships get around this is by jacking the price of the car up and calling it a %26quot;discount fee%26quot;.



Does anyone know what the maximum interest rate that can be charged in Texas for an auto loan.?

The law does not dictate maximum interest rate allowed.



Does anyone know what the maximum interest rate that can be charged in Texas for an auto loan.?

It's very difficult to say and it varies from company to company. It also depends on your credit score. You can make some search on yahoo and google to find out some company which suits your requirements.



To know more you can visit



http://geteasyloans.blogspot.com



and



http://creditcard.blogspot.com



Does anyone know what the maximum interest rate that can be charged in Texas for an auto loan.?

When I sold cars the max interest rate was 24.99%

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