Is total interest paid the same as finance charges paid

is total interest paid on my car the same as finance charges paid

posted

Connect with an expert

1 Reply

Is total interest paid the same as finance charges paid

Generally, no, the interest can be part of the finance charges, but sometimes finance charges include more than just the interest. Finance charges also include things like the fees to get the loan.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post