How Simple Interest Financing Works

August 3, 2021 Read in 1 min
by Rob Looker
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Learn how simple interest affects your monthly payment, and how you may save.

By Rob Looker

Rob Looker is a Content Editor for Chrysler Capital and Santander Consumer USA. He writes articles to help car shoppers find the right vehicles with the right financing, so they can enjoy the road ahead. When he’s not in front of a keyboard, he’s often behind the wheel, exploring new places.