Auto Loan with Wachovia

[Anonymous]

Ok i have a question..My dear husband was approved on his 565 score through wachovia for a $350 a month payment... But they couldnt tell us an amount or intrest rate...Just they needed  $4,000 down... We walked from the deal because we can sell the car our selves and save the $4,000...

My question:

Would Wachovia hit us with a 18% rate or something more resonable like 10.59%???

I looked up on bank rate and @ 72 mths for 10.59 its $351 a month... So thats $18,500... Which is what we told them we could spend in the first place

[Anonymous]

If they won't tell you an Interest rate don't use them because they could very likely hit you with 18% or worse. 

Any bank or dealer that won't give you specific #'s and information is not someone you want to work with.