Wednesday, November 12, 2008

Truck Finance Update Part 2

Just spoke with Benny Dean at North East Auto Truck Brokers. He's telling me guidelines from lenders are tightening up. If you've got a 670 FICO, then you might be able to get an 8.5% rate. If you've got less than perfect credit, you're looking at anywhere from 10-14%.

There is money out there available, but you're going to pay more for it.