Today’s Sunday Gleaner, has a report about a recent survey of rates among some credit unions and banks, which showed that the lending rate for auto loans in Jamaica is at a 15 year low … “but consumers are not exactly beating a path to the doors of local lenders.”
“A Sunday Business survey of rates among some credit unions and banks carried out in the second week of June showed charges being between 14 per cent and 19.95 per cent, depending on the age of the vehicle,” … more here
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