How Car Loan Interest Works (The Truth)

Published 2019-07-02
This video will explain exactly how car loan interest works.
Check out LightStream auto loans: bit.ly/auto_loans_ls
(I may be compensated by LightStream through this link.)

Car loan interest is not rocket science, but you do need to understand how it works in order to save yourself from going upside down in every car you own. The math works the same for every fixed installment loan, so pay attention and you’ll know how to easily do the math yourself. I'll explain everything I know about auto loan interest and financing, so you can confidently run the numbers yourself whenever you’re looking for some guidance on what you can really afford.

---------------

Robinhood Free Stock (Up to $200) with Sign Up:
bit.ly/hf_robinhood

Webull Up to 12 Free Fracional Shares (Each $3-$3,000):
bit.ly/hf_webull

M1 Finance (perfect for IRA's):
bit.ly/hf_M1_Finance

Instagram:
www.instagram.com/honestfinance/

Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking through the links (at no cost to you). This compensation may impact how and where links appear in this description. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers.

---------------

Honest Finance covers a broad range of financial topics that'll give your life and finances more value. Subscribe today for future content and be sure to give this video a like!

Disclaimer: I am not a financial advisor. These videos are for education/entertainment purposes only. Investing of any kind involves risk, so please conduct your own research.

#honestfinance #carloans