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re: Did I just get a free truck?

Posted on 9/16/14 at 1:08 pm to
Posted by Austin Cajun
Austin, Tejas
Member since Aug 2013
1884 posts
Posted on 9/16/14 at 1:08 pm to
quote:

What I don't get is why can't OP just agree to the terms credit union offered and prepay to where he pays no extra in interest than he would have with original terms?


Because going to a longer term also increases the interest rate. Even if I payed the same amount each month that I agreed to, I'd still be paying more, which I'm not willing to do.
Posted by LNCHBOX
70448
Member since Jun 2009
85120 posts
Posted on 9/16/14 at 1:09 pm to
quote:

Because going to a longer term also increases the interest rate.


Well that of course changes things. What does your paperwork say?
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