Re: Need help!!!!
01-17-2013 06:52 AM
Hmmm. I agree with Revelate, but when I was in your spot, I did it very differently.
I drove a 1993 Ford Escort until 462,000 miles worth of a blown head finally caught up to me. I limped it into the local Ford dealership with smoke pouring out of both ends, literally.
With no established credit and a two year old BK.
I drove out in a used 2007 Focus (in late 2007) and a 23% interest rate.
Six months later, I refinanced at 18 %
Six months later, I was hoping to refinance down to 12% or so, and got 6.9%.
When you get so afraid about your cars reliability that it starts costing you sleep, I say bite the bullet, get the "less than ideal" loan and make your payments ON TIME, then refinance later!
Gardening until October 2014.
(Thou shalt not app, thou shalt not app, thou shalt not app...)
Zero percent financing is where the devil lives...