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Haiundai / High interest rate!

1 Brooklyn, NY, United States Review updated:
Contact information:
Phone: port jeferson

Bought a car from a dealer I did not realize that the interest rate would be 39%. I am now paying $600+ for interest and 200 un the principal. I was told by the seller that I would have my interest rate decrease in six months, when I return he said there was nothing he could do for me. I'm now stock with a high interest vehicle and can hardly pay. What can I do... Plz advise smb!

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  • Bo
      9th of Jun, 2008
    0 Votes

    What do you need to do?

    1. Learn to read. All that information was on the contract you signed. If you didn't have a contract, you didn't have a sale. Thus you don't need to pay. But you did and you will.
    2. learn math. 39%?! Holy Crap! If you paid $8900.00 for (you paid too much for a Hyundai) that's $3471.00 even if you paid it off the same day!
    3. learn to spell. It was painful to read your post.
    4. Get a better job. Your gonna need it.
    5. Don't buy a house. Wait 'til you see the interest on that.

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