Jordan needs a car in order to commute to work. Jordan makes $1500 a paycheck every other week and he was able to save one full paycheck since he started working at his current job. Jordan was able to check his credit score and found out that his credit score is 550. While talking with you, he seems distracted with other things, like texting on his phone with his partner. When you get his attention, he says, Oh I am so sorry, what were you saying?, but then goes back to being distracted.

Questions: List two things about Jordan that you will need to get more information about before being able to help him in making an educated decision.

Jordan is interested in a car that costs about $20,000. For this car, about how much would Jordan need to take out as a loan assuming he uses his saved money to pay a down payment? Navigate to bankofamerica.com Auto Loans Auto loan calculator. Use the calculator to help you answer the following: If Jordan tells you that he has about $400 available per month to pay his loan with a 3% interest rate, what term should he ask for on his loan?

Using complete sentences, explain how the customer can navigate to and use the auto loan calculator, using the banks website. Be clear in your instructions.