I am totally new to the car buying thing, first time car owner.
I bought a used car and the finance guy gave me higher APR (about 2% more) with 20% down then promised before buying the car with 0% down. His point for higher APR was, I have very less credit history to get lower APR. I offered to put more money down and even offer consignee but he refused to go back and check with the banks for better rates stating that it won't matter since I have no long enough credit history to show it to the bank.
Here is little info about me. I have upper 700 score have 3 cc with about 30k limit on cards. One 30 and 60 day late payment reported on one card which was a mistake and got closed.
I signed the deal but now regret my decision and not sure how should I make this situation better. Is there a way I can reduce my Apr?
Submitted September 09, 2018 at 06:08AM by Freedom40l https://ift.tt/2CxlUqZ
