Yeah, I am sure the 4.9% is only for the best of credit ratings ... in which case a buyer could find a better rate with their own financing, perhaps a HELoC.
But, for the high risk borrower, sometimes a 9% rate or something similar is the only way to go.
As for the $200, I dont care if I never get it back. I view it as an advertising cost. Heck, the 2 week autotrader add was over $200.
Anyone used one of these 'services'? I'm tempted to try ...
Burn, do you remember what news? I cant find any news stories using google.
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