Interest Rates : How to Calculate Interest on Car Loans

Most car loans are given on a precomputed interested rate basis in which the bank has already calculated how much interest will be repaid. Pay a car loan off early to get a refund with help from a financial specialist in this free video on interest rates and loans.

Expert: Matt McKillen

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Bio: Matthew McKillen has over 21 years of industry experience in arranging loans for his clients.

Filmmaker: Christopher Rokosz

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From: ehowfinance

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