Monday, August 10, 2015

Interest Rates For Minorities Go Up

This not a good sign if you ask me. Car dealers are being pushed to charge more to certain people. Not a good way to sell cars at all.


The US wants to give higher interest rates to Asians, blacks, and Hispanics. The blacks paid more in interest than anyone buying a car.

Now if you want a fair shot at an auto loan the best place to start is online. And move up from there. If you are dealing with bad credit or subprime credit maybe a KIA would be up your alley.

There is no shame in driving a Kia and hey you can boost your credit while you drive with such a low car payment.

You want a car that is in the 15-20K range so that you don't have to pay a lot. Watching the interest rates is the key to car buying with subprime credit.

No comments:

Post a Comment