Car loans
Which bank would provide cheaper ROI any suggestions
‘Generally’ credit unions are cheaper than banks. Even better if you are a member a preferential treatment.
Dena bank!
I've always gone through lightstream, outside of special dealer/manufacturer financing , rates are roughly the same everywhere. Upside of lightsream is they are an unsecured loan (doesn't hold title/lein. Just ACHs you the money within 1-2 days ) They will also beat any other rate you are approved for by .1% https://www.lightstream.com/rate-beat Credit unions may have better promo offers but you have to meet eligibility to join
If they don't secure the loan, how do they recoup bad loans?
They require excellent credit to begin with and proof of income for first time customers
if you are buying new or certified, financing through manufacturer is you best bet (assuming you have good credit history)
Yes, but always come into the dealership with a strong pre-approved rate from a bank or usually better, a credit union even if you already have a strong credit score. Dealers make some profit off of selling a rate higher than what they can offer at times, so it’s good to have something for them to beat in your back pocket to introduce if their offer doesn’t significantly beat your pre-approved rate. That said, on new cars what you can negotiate up front on selling price and trade can leave small margins for the dealer already that they are expecting to make up in finance and selling you products (like extended warranties) in finance so if you have already grinded them hard negotiating selling price and trade in price and you give a damn about local businesses, maybe let up a bit when you’re in front of the finance person.
BECU.
Does Balance Transfer taken from Discover or Bank Of America will be considered in Borrow history I have heard people saying that those people who have borrow history from Banks r usually considered for low rate of interest
Where is the rest of your question? Cars are not a source of ROI
I mean to With low Rate of interest
You’ll have to shop around on your own. new or used and loan duration make a big difference.