Carmoola

So you're ready to research you car finance? Great, way to go! But you will probably be wondering how much interest you are likely to be charged. When shopping for a car, you'll hear a lot about the  annual percentage rate  (APR). This rate is the cost you will be charged each year when you borrow money. It's an excellent way to be be able to compare loan costs, like for like. Lenders are expected to disclose their APR before closing on your loan. Car loans Lenders are expected to disclose their APR before closing on your loan. Different financial institutions offer varying rates; therefore, it's always best to compare offers before settling on one. Besides visiting the lender, you can also estimate your own figure using a car finance APR calculator. When calculating this, use the loan amount, length of the loan term, interest rate, and extra fees. Various factors determine the APR. Let's take a look at some of them. Personal vs. Representative APR The APR differs f...

  Carmoola is an app that helps you pay for your car in minutes. Unlike car finance dinosaurs, Carmoola is simple, flexible, and rewarding. Click site Car finance used to be a winding road of uncertainty. Frustratingly difficult to understand and wickedly expensive. Not to mention hidden fees, and the embarrassment of rejection at the dealership… all down to a glitch in your credit history. No one should be made to feel this way. The world has moved on, but car finance hasn’t… until now! With a passionate & courageous team, we promise to push back against industry dinosaurs to build a modern, simple and human-centric approach, which will revolutionise the way you pay for your car. We’re transforming the experience to make it fun, flexible and most importantly better value. We’d love you to share in our journey, to empower more people with the freedom of safe, fair and secure personal transport. #Carfinance #Carloans #PCP #HP #HirePurchase