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re: Did I just get a free truck?
Posted on 9/16/14 at 1:08 pm to LNCHBOX
Posted on 9/16/14 at 1:08 pm to LNCHBOX
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 on 9/16/14 at 1:09 pm to Austin Cajun
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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