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Can You Negotiate The Financing Rate Of A Secured Loan With The Bank? |
I have some on Easy Street put away in a CD and would like to take a small loan ($1,000) against it from the same bank. Can I palter the financing rate with them the same way I could with a car dealer?
| Answer: Foolproof you can try. But chances are that you will not get that far. One never knows.....I think in your situation your cheapest road is withdrawing the money early and forfeiting the interest. If you have more than one CD, you can chose the one that |