PFS 2016 Q1 Money factor

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02-10-2016, 01:36 PM

#16

BingoWest

Rennlist Member

Join Date: Jan 2016

Posts: 92

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This is why I pay cash.

I don't understand the complexities of leasing; they seem designed to obfuscate and confuse.

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02-10-2016, 02:30 PM

#17

LCW

Pro

Join Date: Jun 2015

Posts: 694

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Quote:

Originally Posted by PMAA

Latest MF I was shown (Jan/2016) for a top tier borrower (760+) was 0.00212...

just to put that in perspective, that is 5.1% interest rate on the money (0.00212*2400)...

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02-11-2016, 02:57 AM

#18

zhecks

Intermediate

Thread Starter

Join Date: Oct 2011

Posts: 48

Received 1 Like on 1 Post

Quote:

Originally Posted by PMAA

Latest MF I was shown (Jan/2016) for a top tier borrower (760+) was 0.00212...

I was told by another member that the MF in Jan below 0.002. I have not been able to confirm it. I closed my deal at 0.002 MF ( 760+).

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