Posts: 8,896
Registered: ‎12-30-2011
Re: Roadloans = Confusion

MSpurple wrote:

I see, so this means that if i don't buy a car under 23k then im still paying for a car worth 23k PLUS interest. The interest is more than the car!!! I can't take that route.

Nah, you're approved up to that amount; that doesn't mean you have to spend all of it :smileyhappy:.


Figure out your purchase price, then use the link illecs helpfully provided at the 16% APR which Roadloans quoted you, and that's your loan math.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 679, EQ 8 708, TU 711, EX 702* (07/14/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)

Take the myFICO Fitness Challenge