Refinancing Car Loan

[debtmonger]

No, the way to go is to sell it, even if it is at a loss. You can go to the credit union for a loan for the difference. After selling it, you should pay cash for a good used car. Car payments and leases are two of the biggest financial mistakes people make and they make the same mistake over and over again...

[Asheville Native]

Originally Posted by debtmonger

No, the way to go is to sell it, even if it is at a loss. You can go to the credit union for a loan for the difference. After selling it, you should pay cash for a good used car. Car payments and leases are two of the biggest financial mistakes people make and they make the same mistake over and over again...

Debt is like a very sharp knife, a very useful tool if used correctly, but will bleed you dry if you don't know how to properly use it. Sounds like you should avoid sharp knives, but that doesn't mean that everyone should

[texdav]

zI get letter quite often from my vrdit union wantign to refinace my car laon. But at 0.9% at Honda not likely.If you have fair credit you shoud have no problem.

[debtmonger]

I once watched a man clean some trout, he was very skilled with his knife. A limb broke away from the tree giving him shade, hit him in the head and he cut his finger off. No matter how savvy and experienced you are, life sometimes can throw you a curve.

Originally Posted by Asheville Native

Debt is like a very sharp knife, a very useful tool if used correctly, but will bleed you dry if you don't know how to properly use it. Sounds like you should avoid sharp knives, but that doesn't mean that everyone should