What is an interest rate?
In Loans - Car Loans - Asked by Admin - 2 years ago
An interest rate is part of the APR equation and is the annual rate of return the lender gets on the loan principal.
Answered by Admin - 2 years ago
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Car loans are a very common type of loan. You can get different types of car loans including used car loans and new car loans. You may also need a special loan if you have a bankruptcy on your record. Refinancing a car loan is also an option. If you need help with car loan questions or answers about car loans or "what is an interest rate?", Zuuply.com has the answers you are looking for.