What Is a Rate Sheet in Lending & Why Does It Matter to You?
Автор: Tradeline Supply Company, LLC
Загружено: 2022-09-26
Просмотров: 376
Where you fall on a rate sheet can make or break the deal terms you are offered on a loan. So what is on a rate sheet and how can you position yourself to get the best deal from a lender? Credit expert John Ulzheimer explains what you need to know about rate sheets in this video.
TIMESTAMPS
0:00 Intro
1:04 Deal terms considered in auto financing
1:49 Trading in your car
2:41 What is a rate sheet?
4:30 Where you want to fall on the rate sheet
4:46 Loan-to-value ratio (LTV)
ABOUT CREDIT COUNTDOWN
Credit expert John Ulzheimer shows you how credit works. Having worked in the credit industry for nearly three decades for companies such as FICO, Equifax, and Credit.com, John Ulzheimer is one of our nation’s most sought-after credit experts and the leading authority on credit-related topics.
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