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When buying a new Auto, Steer Clear of the Rule of 78s When buying a new Auto, Steer Clear of the Rule of 78s

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This is one rebate auto shoppers should avoid.
Some auto lenders still use the archaic and costly "Rule of 78s" formula to calculate a rebate of finance charges when a customer pays off a loan early. This rebate is actually a sneaky prepayment penalty.


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KB » Auto Finance

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When buying a new Auto, Steer Clear of the Rule of 78s Article Information

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Thursday, 03 March 2011
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Thursday, 03 March 2011
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