Advice on loan

suziesu

Registered User
Messages
26
Hi there

I am buying a car, and need to get a loan of €6000. I have never got a loan before so don't know where's best to look. Is it better to get a fixed loan rate? I am hoping to pay it back over 3 years. I'm not sure which bank is best, or whether to go to a credit union. If anyone has any advice or tips it would be much appreciated!
 
Have you checked the Financial Best Buys forum for some indicative rates? Note that a fixed rate loan may be less flexible than a variable rate loan - e.g. penalties charged if you decide to clear it early. Always read the terms & conditions of any loan agreement before signing on the dotted line.
 
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