I am in the military and have a steady income and was wondering if bank of america will give out car loans to first time buyers if so
WHat is the maximum they will give? Interest?
I have barely any credit as I do not own anything.
Answer:
For car loans they are fairly lenient and as long as you do not have have any bad credit and you have a job I do not think you will have any problems getting the Car loan you seek. I think you will get competetive interest rates just like I said before if you do not have any bad credit.
After mortgages, auto financing is the most expensive loan most Americans carry. And in this uncertain economy, more consumers are finding they are unable to repay their auto loans due to unforeseen financial circumstances. In fact, auto repossession is at a 10 year high.arizona title loans
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