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re: Bad credit auto loan, big down payment

Posted on 2/26/14 at 10:35 am to
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38705 posts
Posted on 2/26/14 at 10:35 am to
quote:

Hypothetically


Nothing hypothetical about this scenario, right?

quote:

580-600 credit score, could they buy a brand new truck for $50k after TTL? $15k down payment so $35k would be financed. Yearly income +/- $150k a year.


I'm going to help you. Dave Ramsey:

quote:

“We buy things we don't need with money we don't have to impress people we don't like.”


quote:

“If you will live like no one else, later you can live like no one else.”


quote:

“Act your wage.”


quote:

“You must gain control over your money or the lack of it will forever control you.”


quote:

“Stupid is not illegal.”


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