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re: Need advice. I have messed up. What should be my next move?
Posted on 7/6/18 at 1:50 pm to TheCanadianAmerican
Posted on 7/6/18 at 1:50 pm to TheCanadianAmerican
Oh my... There is a lot here. How do you have 17k cash and zero credit. Secondly, I have never heard of a car loan that high. You can just go to the bank and get consumer debt for substantially less than that.
Find someone to cosign and cut the rate in half or more or come up with some more cash and pay that shite off as fast as possible.
Find someone to cosign and cut the rate in half or more or come up with some more cash and pay that shite off as fast as possible.
1
Posted on 7/6/18 at 5:49 pm to Mingo Was His NameO
quote:
How do you have 17k cash and zero credit.
My tenants (who eventually bought my house) signed a lease with 0 credit and $20k in the bank.
They were in their 20s and both came from middle class families who bought their cars and paid their bills through college. They never had a credit card because they never needed one. They didn't understand a thing about building credit and why it was needed to buy a house until I explained it to them.
Some parents don't teach their kids anything about money.
This post was edited on 7/6/18 at 5:50 pm
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