Should I buy a car on a credit card?

Some people choose to pay for a used car by using the convenience of a credit card, or even by using cash out on a credit card.

Even a cheap car can cause a major credit card debt problem. A personal loan secured against the car (a car loan) is the cheapest way to finance a car purchase.

Check out the interest rates and compare the repayments on loans from hundreds of lenders on Infochoice.com.au.

Source: Bankheadlines.com.au

Advertisement