Re: I Can Help, I Run A Car Dealership
02-19-2012 09:31 PM
I've read in a car buying book that when a dealer gets an offer back from banks, that usually they will add a little bit to the APR that was approved. E.g., if a dealer sent apps and got back an APR of 4.7%, they will say that I'm approved for an APR of 5.7% (or any amount higher than the approved APR) ... is that true?
Starting Score: 641 (Jan)
Current Score: 632 (May)
Goal Score: 720
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