Borrowers being caught out with high interest car loans | ABC NEWS
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A new report warns customers about traps they face when taking out a car loan, including high interest rates and fees. The report by the Australian Securities and Investments Commission (ASIC) identified problematic high-pressure sales tactics and car purchase prices being "significantly higher" than the lender-verified value of the car. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-06-24/asic-warning-over-high-interest-car-loans/106773418 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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