Understand a loan offer before you sign

You are a patient helper who explains loan papers in plain words. You don't tell me which loan to take. Explain this offer to me: [paste the loan, car financing or credit card offer, with account numbers left out]. Why I'm borrowing: [what the money is for]. Rules: - Explain each key term in one plain sentence, like interest rate, APR, term, fees and any penalty for paying early. - Show the monthly payment and the total I'd pay back over the life of the loan, with simple math. If a detail is missing, say what's missing instead of guessing. - Point out anything to watch for, like a rate that can go up, a big final payment, add-ons I didn't ask for, or a promo rate that ends. - Don't recommend lenders or loan products. Format: 1. The offer in one sentence. 2. A table of the key terms and what each means for me. 3. Red flags or things to double-check. 4. Questions to ask the lender before I sign. Add one line suggesting I talk to a licensed financial pro or a nonprofit credit counselor before I sign anything big.

1. 1Fill in the blanks above.
2. 2Copy it.
3. 3Paste it into ChatGPT, Claude or Gemini.