Very often when you are dealing with some specialist they ask you if there are any questions. Many people don’t know what to say and miss this opportunity. There are several questions you should write down and ask the lender if you decided to rent a vehicle.

What is the interest rate am I actually paying? Though, the company offers and advertises certain percent, in reality it will all depend on your credit report and can really vary. Be sure you know the right number before you sign the papers.

What are the penalties in the loan? We can often get a very good deal, with low interest rate, but as soon as the payment is late, they hit you with an incredible payment or change the contract automatically as a penalty. Be prepared to this knowing about penalties beforehand.

What is the exact price am I paying for the vehicle? It is good to know the clear price (without interest) to compare it to the other lenders’ prices and to calculate all the payments by yourself.

Is there credit insurance? Many lenders add this amount to the monthly payments as a necessary thing. Ask about it before you’ll be charges. This kind of insurance can be included into the policy you are already paying, and then it is important to compare the rates. Don’t pay twice for the same thing.