rtoshow wrote:
With all due respect, I would stay away from roadloans. If you qualify, you will get a much better rate from a credit union or your own personal bank. Roadloans is known for horrible tactics & outrageous rates. They are ok I guess if you can't qualify anywhere else but do your homework first.
Just bought my son his first car... July 3, 2007. Bought used from a dealership (Certified pre-owned)... Plan to pay off in three months (only financed for the Paid TL)
Chrysler offered 9.9% and a B2B warrantee that came with a $50 co-pay for all repairs.
Roadloans offered and we accepted 7.93% with B2B warranty with NO co-pay for repairs EVER.
I have paid loans with Chrysler, current loan with Vovlo Financial...
So far Roadloans has been good to us. But the loan just funded three weeks ago. Simple interst no pre-payment penalties and it'll be paid in full 120 days from now. Allowing for reporting time and first invoice to arrive.
Rate seemed competitive to me.
Rob