For a loan amount under $30,000, Boro requires the down payment to be at least 25% of your pre-tax car price. For a loan amount over $30,000, the down payment should be at least 35% of your pre-tax car price.
Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016,
issued by Department of Insurance and Financial Services.
Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521