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re: somebody talk me out of this (car related)
Posted on 4/16/15 at 2:42 pm to Creamer
Posted on 4/16/15 at 2:42 pm to Creamer
money market account pays .05%.
Car loan 2.0%.
So these loans are charged at an interest rate 40x what they pay deposits.
What a country! In the 80's passbook savings were 6%. CD for a year was 10%.
Car loan 2.0%.
So these loans are charged at an interest rate 40x what they pay deposits.
What a country! In the 80's passbook savings were 6%. CD for a year was 10%.
1
Posted on 4/17/15 at 9:05 am to makersmark1
right and in the 80's you paid 12-18% for a mortgage. I had no trouble finding a place to park our checking account that pays 3%
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