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-   -   Which is best interest scheme, fixed or floating? (https://www.askmehelpdesk.com/showthread.php?t=458995)

  • Mar 20, 2010, 12:25 AM
    andyrobin
    Which is best interest scheme, fixed or floating?
    To buy a car, which is the best one to opt for car loan?
  • Mar 20, 2010, 12:51 AM
    ROLCAM

    I would suggest you opt for the fixed.
    This way you will know exactly what you will be up for.
    This is usually short term anyway.
  • Mar 20, 2010, 08:03 PM
    morgaine300

    I agree on the fixed. Not only do you know exactly what you've got, but since interest is down, the only place I could see it floating is up.
  • Mar 20, 2010, 09:54 PM
    Stringer

    Depends upon the rate, if it is low then I agree fixed.

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