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re: Bad credit auto loan, big down payment
Posted on 2/26/14 at 8:12 am to LNCHBOX
Posted on 2/26/14 at 8:12 am to LNCHBOX
if his credit is as bad as he says it's going to take a long time before he's going to get 2%
this guy is bad with money and from reading this same post on the ot he hasn't learned his lesson...some people just aren't money smart
this guy is bad with money and from reading this same post on the ot he hasn't learned his lesson...some people just aren't money smart
2
Posted on 2/26/14 at 8:14 am to yellowfin
quote:
if his credit is as bad as he says it's going to take a long time before he's going to get 2%
If you bother reading the thread, I'm not the one telling him to hold out for 1 or 2% APR.
I think it's pretty clear the OP is going to buy the expensive truck regardless, so my point is he will spend the least amount of money by just buying it now rather than buy a used truck while he works on his credit.
Posted on 2/26/14 at 8:15 am to yellowfin
quote:
if his credit is as bad as he says it's going to take a long time before he's going to get 2% this guy is bad with money and from reading this same post on the ot he hasn't learned his lesson...some people just aren't money smart
Yep. And he won't pay it off in 2 years, there will be some new toy in that time span, and he'll be broke making 6 figures.
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