how is monthly payment determined

Asked by Guru9PL2V Jul 20, 2017 at 10:08 AM

Question type: Shopping & Pricing

how is monthly payment determined

1 Answer

Terrance answered 6 years ago

Monthly payments determined by what term you choose and sometimes the term is cut shorter then you think because it is an older vehicle. Shorter the term, higher the payments, paying off your car fast of course, last but not least, any lien holder decides what you get approved for as a interest rate that will also fluctuate your payment more than you think,

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