10 Questions To Ask Your Bank

  1. How can I increase or decrease the amount I have to pay each month?
  2. Can I repay early without penalty?
  3. How long will it take to get my application approved?
  4. What’s the most efficient way for me to make my loan payments?
  5. Can credit life insurance cover a co-applicant and me?
  6. What kind of collateral, if any, is required to secure the loan?
  7. How will different amortizations affect the total interest I pay?
  8. Will the information I give you be kept confidential?
  9. If my credit rating is unsatisfactory, what can I do to improve it?
  10. What is the interest rate?