Off Topic A place to boldly go off topic. just about anything goes.

What is the Worst Interest Rate anyone has ever received on a purchase of any kind?

Thread Tools
 
Search this Thread
 
  #1  
Old 03-17-2009, 08:25 PM
6ftladycop's Avatar
Junior Member
Thread Starter
Join Date: Jun 2007
Location:
Posts: 16
Talking What is the Worst Interest Rate anyone has ever received on a purchase of any kind?

I know this is crazy, but I wanted to know what is the worst interest rate any of you have ever received for a purchase of anything car, home, credit card...anything?
 
  #2  
Old 03-18-2009, 08:31 AM
rickyd's Avatar
Tech Certified Members
Join Date: Jul 2007
Location: pennsylvania
Posts: 1,319
Default

interest rate is subject to your personal credit score (isaac score)...... and the max interest rate will vary by state. in auto loans, the older the car, most likely the higher the rate, depending on your credit score.
rickyd
 
  #3  
Old 03-18-2009, 07:54 PM
sbrice54's Avatar
Junior Member
Join Date: Jan 2009
Location: sheboygan wi
Posts: 19
Default

I got transfered from WAMU to Chase and they doubled my rate to 29.99% without one single late payment or over limit. I'm pi$$ed but they can do what they want....
 
  #4  
Old 03-18-2009, 09:57 PM
Stealth's Avatar
Super Moderator
Join Date: Feb 2007
Posts: 3,945
Default

Originally Posted by sbrice54
I got transfered from WAMU to Chase and they doubled my rate to 29.99% without one single late payment or over limit. I'm pi$$ed but they can do what they want....
they dont need a late pmt to do that.

they can do that for simply applying for a loan or for someone doing a credit check on you. Obscene practice, but a very real practice.





.
 
  #5  
Old 03-19-2009, 06:20 PM
Venomous Duck's Avatar
Junior Member
Join Date: Feb 2009
Location: Middleburg, Fla
Posts: 11
Default

I thnik I paid 12% on a car loan back in '94. That was before I'd established any credit at all. I know I'm an exception but I always pay off my one and only credit card every month. I never buy more than I can afford to pay off. I've never paid interest on a credit card. They hate me!
I got the 05 CTS loan down to 4%. Regards, Mike.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Little200
Cadillac Seville
0
02-05-2013 03:28 PM
Geerhed
Cadillac Deville
3
01-11-2008 09:59 PM
ChiBallinCali
Cadillac Seville
1
03-15-2007 11:21 AM



Quick Reply: What is the Worst Interest Rate anyone has ever received on a purchase of any kind?



All times are GMT -5. The time now is 11:10 PM.