Quote:
Originally Posted by john70t
The Current U.S. (Fed) Prime Rate is: 4.75%. This should be negotiable if you have value as a customer.
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The Credit System
(anti-competitive and defamatory) considers repeat attempts at a loan as a negative.
Meaning the more you shop around, the worse your credit score becomes.
I found this out trying to buy CA real estate back in 1999/2000, before the market tripled and more.
So go with an 'honest lender', if they still exist, like a credit union or a local bank which does good with their money.