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re: Loan for private vehicle purchase?

Posted on 3/11/15 at 11:54 am to
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17276 posts
Posted on 3/11/15 at 11:54 am to
quote:

is your loan variable?


Yep


to me that is a negative
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67497 posts
Posted on 3/11/15 at 12:12 pm to
quote:

to me that is a negative

Only if the rate goes up and you could have been locked in to a lower rate. If you could have lock yourself into a 4% rate but opted for variable and the rate went down, it's positive for you.
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