Providing False Information
Hello! Yesterday I came in to arrange a car lease. It can't be called a lease, because nothing is rented. Such a second credit alone is. Initially went smoothly - application, without down payment, interest rate from 12 to 15 years. Super, after an hour of confirmation (is the official place of work and taxes are paid) and must drive to sign the contract. The following moments: 1. 70 USD for the execution of documents, no one warns about this during the application; 2. 10% is a commission for granting a loan (respectively, if the car costs 3000USD, then they have to give 300USD) The amounts referred to in points 3 and 2 are immediately included in the amount of the loan (either so that you can also pay interest on these services). 4. Offered an interest rate of 14% per annum - not bad, cheaper than the same "Credit credit. It turned out that this percentage is from the adjusted payment. Respectively - when paying the loan every month, the premiums are calculated from the remaining amount. Therefore, if, according to this schedule, we calculate the ratio of the interest paid to the principal and divided by the number of credit years, then 14% per annum. Reality, according to my calculations, the current time is 21%. In short, embraces as much as you can. Wanting to take the contract to read, said not to take until if not signed. Well, aren't you idiots? In short - I do not recommend. Consumer credit with a bank will be more advantageous.
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