Car Loan Doubt-- Basics

[andhrabullet]

manam 30K $ loan 5 years ki teesukoni ....1 year lo mana dagger 30K$ unte loan tercheyocha or 5 years ki interest kattala?

[KOTC]

[quote name='andhrabullet' timestamp='1357256585' post='1303050490']
manam 30K $ loan 5 years ki teesukoni ....1 year lo mana dagger 30K$ unte loan tercheyocha or 5 years ki interest kattala?
[/quote]


Nuv auto loan DCU lo apply chesava?

[THE_DB_KNIGHT]

Thercheyochu but credit effect avthadhi thondaraga payoff chesthe

[Sastrygaru]

teercheyoochu.. kaani score effect padocchu.. why do you want to do that when banks are giving low APR'S.. apr calculators ni use cheyyi..
so if the car loan is 30K and the interest is 2% youll end up paying 1500 more anthe.. daaniki why do you want to pay all in one year man..


[size=4][color=#333333][font=Arial, Helvetica][b][background=rgb(238, 238, 238)]Loan payments:[/background][/b][/font][/color]
[color=#333333][font=Arial, Helvetica][b][background=rgb(238, 238, 238)]$31,549.97[/background][/b][/font][/color]

[color=#333333][font=Arial, Helvetica]Balloon payment at end:[/font][/color]
[color=#333333][font=Arial, Helvetica]$0.00[/font][/color]

[color=#333333][font=Arial, Helvetica][b][background=rgb(221, 255, 221)][b]Total payable[/b]:[/background][/b][/font][/color]
[color=#333333][font=Arial, Helvetica][b][background=rgb(221, 255, 221)][b]$31,549.97[/b][/background][/b][/font][/color]

[color=#333333][font=Arial, Helvetica]60 monthly payments of:[/font][/color]
[color=#333333][font=Arial, Helvetica]$525.83[/font][/color]

[color=#333333][font=Arial, Helvetica]Total interest:[/font][/color]
[color=#333333][font=Arial, Helvetica]$1,549.97[/font][/color][/size]

[THE_DB_KNIGHT]

Konni states lo edho law vuntadhi manam istam vachinappudu payoff cheyalem anukunta

[andhrabullet]

suppose some conditons like visa rakapovatm..or personal reason tho India vellipovadam etc..

[Sastrygaru]

[quote name='andhrabullet' timestamp='1357257336' post='1303050524']
suppose some conditons like visa rakapovatm..or personal reason tho India vellipovadam etc..
[/quote]

apuudu loan mottham endhuku teerusthaav..youll call them and say that you can take away the car kada.. aina what hyaffened..

[KOTC]

[quote name='Sastrygaru' timestamp='1357257121' post='1303050508']
teercheyoochu.. kaani score effect padocchu.. why do you want to do that when banks are giving low APR'S.. apr calculators ni use cheyyi..
so if the car loan is 30K and the interest is 2% youll end up paying 1500 more anthe.. daaniki why do you want to pay all in one year man..


[size=4][color=#333333][font=Arial, Helvetica][b][background=rgb(238, 238, 238)]Loan payments:[/background][/b][/font][/color]
[color=#333333][font=Arial, Helvetica][b][background=rgb(238, 238, 238)]$31,549.97[/background][/b][/font][/color]

[color=#333333][font=Arial, Helvetica]Balloon payment at end:[/font][/color]
[color=#333333][font=Arial, Helvetica]$0.00[/font][/color]

[color=#333333][font=Arial, Helvetica][b][background=rgb(221, 255, 221)][b]Total payable[/b]:[/background][/b][/font][/color]
[color=#333333][font=Arial, Helvetica][b][background=rgb(221, 255, 221)][b]$31,549.97[/b][/background][/b][/font][/color]

[color=#333333][font=Arial, Helvetica]60 monthly payments of:[/font][/color]
[color=#333333][font=Arial, Helvetica]$525.83[/font][/color]

[color=#333333][font=Arial, Helvetica]Total interest:[/font][/color]
[color=#333333][font=Arial, Helvetica]$1,549.97[/font][/color][/size]
[/quote]

DCU nuchi loan tesukovtam better leka e credit union ayina okate na?

[Sastrygaru]

[quote name='KOTC' timestamp='1357258116' post='1303050566']
DCU nuchi loan tesukovtam better leka e credit union ayina okate na?
[/quote]

DCU better bhayya.. neenu ippativaraku vinna cases.. max 2-5 % apr cheppadu.. neenu reccent ga apply chesthe.. 8-9 percent cheptunnadu.. loan pre approve ayyina gaani neenu malla maatladaleedhu..

Its always better to consult a local credit union.. emanna ekkuva Apr seffina gaani.. if there is a possiblity.. emanna maatladithe.. work history gurinchi chebthe.. konchem tagginche avakasam undochu.. and sometimes.. local credit unions.. valla counties ki.. emanna offers kuuda iyyochu.. neenu indaake.. maa inti pakkana unna credit union vallatho velli maatlada.. low apr isthanu annaudu.. I applied for it.. aithe repu call chesi cheptham approve ayyindhoo leedho annaru.. approve aithe 1.9% vosthundi..aithe naadhi bad credit history.. i mean small credit history like 6-7 months kaani score baagundhi.. thats y DCU said that its 8% for me.. so its good to consult local Credit union's and also DCU as well

[KOTC]

[quote name='Sastrygaru' timestamp='1357258528' post='1303050578']

DCU better bhayya.. neenu ippativaraku vinna cases.. max 2-5 % apr cheppadu.. neenu reccent ga apply chesthe.. 8-9 percent cheptunnadu.. loan pre approve ayyina gaani neenu malla maatladaleedhu..

Its always better to consult a local credit union.. emanna ekkuva Apr seffina gaani.. if there is a possiblity.. emanna maatladithe.. work history gurinchi chebthe.. konchem tagginche avakasam undochu.. and sometimes.. local credit unions.. valla counties ki.. emanna offers kuuda iyyochu.. neenu indaake.. maa inti pakkana unna credit union vallatho velli maatlada.. low apr isthanu annaudu.. I applied for it.. aithe repu call chesi cheptham approve ayyindhoo leedho annaru.. approve aithe 1.9% vosthundi..aithe naadhi bad credit history.. i mean small credit history like 6-7 months kaani score baagundhi.. thats y DCU said that its 8% for me.. so its good to consult local Cu's and alos DCU as well
[/quote]


kani DCU ayina local credit union ayina credit score run cheyadhu em cheparu kadha bhayya,ala run cheste credit score effect padtundha?

[Sastrygaru]

[quote name='KOTC' timestamp='1357258978' post='1303050597']


kani DCU ayina local credit union ayina credit score run cheyadhu em cheparu kadha bhayya,ala run cheste credit score effect padtundha?
[/quote]

credit report pull chestaaru.. so score effect padthundi.. naaku DCu vaadu aithe credit report inka pull chesinattu kanabadaleedhu.. kaani cheese untaadu.. credit karma lo inka update kaaledhu.. aithe neenu indaaka velli credit union lo.. aithe naa mundharee.. report pull chesindhi..

[KOTC]

[quote name='Sastrygaru' timestamp='1357259102' post='1303050607']

credit report pull chestaaru.. so score effect padthundi.. naaku DCu vaadu aithe credit report inka pull chesinattu kanabadaleedhu.. kaani cheese untaadu.. credit karma lo inka update kaaledhu.. aithe neenu indaaka velli credit union lo.. aithe naa mundharee.. report pull chesindhi..
[/quote]


avuna ikkada ma dhostu gadu okadu tesukunadu vadiki 1.99% apr oak number echadu,so mundu call chesi adugtha enth estaro minimum.inka okati enti ante ma friend okadu DCU lo teasadu 3.99% kani daniki takav este nenu a apr rate ki esta DCU vadu email chesadu anta.

Naku telisina valu andaru DCU lo apply chesaru almost nuv chepinatu 2-5% apr loan approve ayindi.


Endi ayina okate kadha auto DCU em ayina topa?

[Sastrygaru]

[quote name='KOTC' timestamp='1357259351' post='1303050618']


avuna ikkada ma dhostu gadu okadu tesukunadu vadiki 1.99% apr oak number echadu,so mundu call chesi adugtha enth estaro minimum.inka okati enti ante ma friend okadu DCU lo teasadu 3.99% kani daniki takav este nenu a apr rate ki esta DCU vadu email chesadu anta.

Naku telisina valu andaru DCU lo apply chesaru almost nuv chepinatu 2-5% apr loan approve ayindi.


Endi ayina okate kadha auto DCU em ayina topa?
[/quote]

DCU desilaki.. varam antaar.. just bcoz apr is competetive.. if you are having a great credit score and decent history.. delaer gaadu 0% apr isthaad kottha car meedha.. which is 50-50 chance.. aithe DCu vaadu.. 1-5 % madhyaloo untaay rates.. and simple process.. maa pends kuuda DCu nee.. neenu indhaaka annadhi adhe.. its just not DCU.. inka vere credit unions ni kuuda approach kaavochu.. in my case DCu didnt work for me..

[KOTC]

[quote name='Sastrygaru' timestamp='1357259742' post='1303050640']

DCU desilaki.. varam antaar.. just bcoz apr is competetive.. if you are having a great credit score and decent history.. delaer gaadu 0% apr isthaad kottha car meedha.. which is 50-50 chance.. aithe DCu vaadu.. 1-5 % madhyaloo untaay rates.. and simple process.. maa pends kuuda DCu nee.. neenu indhaaka annadhi adhe.. its just not DCU.. inka vere credit unions ni kuuda approach kaavochu.. in my case DCu didnt work for me..
[/quote]

gotcha nenu apply cheyali bhayya ade chesta local credit union ni consult avutha mundu adi chudam ela work avtundoo

[Sastrygaru]

[quote name='KOTC' timestamp='1357259975' post='1303050659']

gotcha nenu apply cheyali bhayya ade chesta local credit union ni consult avutha mundu adi chudam ela work avtundoo
[/quote]

nee credit history and score baane unte DCu better ee.. if any of your local credit unions are offering 2 % rates .. vallani approch avvu.. aithe there are good chances of also getting 0% apr with the dealer.. you can give a try