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Urgent LOAN advice please

(2 Posts)
rusmum Sun 04-Oct-09 21:40:01

have agreed to buy a car today and paid deposit- also applied for their finance (3.500 0ver 3 years) However am confused. It is 9%PA but had a high APR what does this mean?

Shuold i arrange a personal loan instead?

Am supposed to collect car-sign finance tomorrow/


murphyslaw Sun 04-Oct-09 21:51:18

when comparing loans the APR is the rate to watch. This is the true cost over the term of the loan.

You dont say what the APR is but generally you will not get the best deal from a garage!

Try Martin Lewis money saving expert website and find the best APR deal at the moment. The only trouble is you are up against it for time. Worth a look though as many can offer to arrange finance fast.

Good luck

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