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re: Need advice re: car payment with high interest rate**UPDATE on page 3**
Posted on 7/12/13 at 9:16 am to ItNeverRains
Posted on 7/12/13 at 9:16 am to ItNeverRains
quote:
Buy the car from her and put it your name until married. Then give her the car as a wedding gift.
I like this idea. But only if you've got a wedding date picked out and planning the wedding, etc. If you're planning on getting married >1 year from now with no date, I'd skip it.
Is her parents paying for the wedding? I'd be wary of putting your cc in her name if you are footing the bill for some of the wedding.
1
Posted on 7/12/13 at 9:19 am to Ric Flair
getting married in early 2014. im helping pay for some of the wedding, as well as both sets of parents.
I told her I want her to just focus on paying off debt (medical bills which is the cause of bad credit that resulted in the high interest rate) and let me handle any wedding expenses we, as a couple, need to put up.
id much rather go into marriage debt free than having a luxurious wedding and still having to pay off debt as newlyweds.
so, I guess the CC option is doable
I told her I want her to just focus on paying off debt (medical bills which is the cause of bad credit that resulted in the high interest rate) and let me handle any wedding expenses we, as a couple, need to put up.
id much rather go into marriage debt free than having a luxurious wedding and still having to pay off debt as newlyweds.
so, I guess the CC option is doable
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