re: How much debt do you have?

quote:

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What's wrong with paying off your car note?

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nothing, but also its essentially free money in most cases when you compare the interest rate vs inflation.

but a lot of guys on here who have no understanding of money want to get on here and dog people and make fun of people for taking out the longest loan they can on a car.

hell if i went tomorrow and they offered me a 20 year note with interest under 3....i am taking it as fast as i can.

the thing of the OT though is to throw out the 96 month loan like its the wrong thing to do when it is the correct thing to do.

also its frickign retarded to pay cash for a vehicle and shows a total misunderstanding of money. i mean unless you have shite credit and get an interest rate over 4.