I recently moved to Alabama and I'm looking to get a car loan. I'm not familiar with lenders here, so I'm not sure who is reputable. What is the usury interest rate?
of more than $2,000, the interest rate can be higher than 8% so long as a judge doesn’t deem in unconscionably high.
Due to unsavory lending practices by some businesses and dealers, read over all the terms and conditions before you sign anything. This includes any fees or additional requirements such as carrying specific
You can also choose to shop around for loans. By comparing the rates and terms of conditions of different loans, you’ll be able to see who can offer you the best rate and avoid any predatory lending practices.
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