i want to buy a new car and i always thought the only option was to pay cash or finance through the dealer and someone just told me that i could finance through a credit union.
28-Aug-2010
26-Aug-2010
I am a college student, and I am looking to buy a used car. I have saved up 00 and I would like to get a loan so I can get a decent car. My budget would be a car in between 00 and 00. I tried a credit union and my bank, however, I must loan +,500 and I’m not looking to buy an expensive car. So should I get a personal loan or finance at the dealership or actually consider borrowing 7,500 for a car?
17-Aug-2010
so I am in the market for a new car, about ,000.. I can get a 3.9 % finance for 36 months. I can put ,000 down.
I can put those ,000 in my bank and make 5% interest. Will I save some money by doing so, or am I better off putting those ,000 as down payment for the car?
29-Jul-2010
Should I pay off my 5 year car loan?
Category : saving loan
I bought a car back in December of 2007 for ,150. I have been paying 1 a month ever since (so starting in January of 2008, I’ve been paying 1 a month plus in insurance a month)
I have ,000 in savings (that is everything I have) and make ,000 a year. I recently purchased a house that will have a mortgage of ,200 which I plan on renting out at 00 if I can find a renter. I will live with my parents where I pay 0 a month.
I was thinking of maybe paying off the car loan to save me the 1 but that would bring my life savings down to a little less than 000. I also need to still spend 00 in closing costs for the house I just bought which would leave me at 000. After that I need to buy new carpet (only the basement which is pretty small) and paint the entire house which I will be doing myself.
Do you guys think I should deplete my cash reserves to pay off the car loan? I’m worried cause with this economy I may get laid off (I work in Finance so I don’t really know how hard it is to get a job because this is my first job..graduated from college last year).
16-Jul-2010
how to get out of a car title loan?
Category : saving loan
I got a title loan in texas on my truck for a 00. I pay 0 a month and I’m going on a year and still havent put a dent on the loan itself! I payed ,600 on finance intrest charges and I’m about to give up and let the truck go. Any ideas on how i can save my truck! I really need help please.
14-Jul-2010
I’m paying 4 a month on a 72 month loan and am 12 months in. When is the best time re-finance? Now, or should i wait a couple years?
11-Jul-2010
I just got a new car less than 2 days ago. It’s a lease. I’m looking to get another car and give the leased car to my sister to pay for.. Will it show up in my credit already when I go to the dealership? Are they going to know that I already have a car and that no bank will loan me money.. etc…. Is it easier for someone to lease a car or finance?
09-Jul-2010
like if i go from 6% to say 5% on a 15yr or 30 finance how do i get the difference saved for the load term? so i can see if buying a point will be smart? thanks
26-Jun-2010
I’m a bit into a well paying entry job on Wall Street. It’s basically a pyramid scheme where you pay in by working silly hours and each promotion gets a bit more job security. It’s boring. I don’t even get "stimulation" modeling with Excel.
The job can’t last more than 2 years, just long enough to pay off my undergraduate loan, save a few thousand dollars and see NYC.
I was thinking an advanced degree in applied math or statistics (not pure math) would be up my alley but I imagine getting in is HARD. I was a finance (fluff) major in undergrad. I had awesome grades amd I’m 100% sure an MBA is a waste.
How do you get into a top 50 program? What GRE tests will I need? Does a love of money taint you in the department’s eyes? How hard is the program itself?
I forgot how to take derivatives and I NEVER want to be a prof, but it seems a gateway to stimulating jobs in all things stochastic. I’m smart enough to learn if the terms are good but math is hard and exchange students are many…
15-Jun-2010
Not a finance guy here, so I don’t understand how paying off my car loan will save me thousands of dollars, as I’ve heard other people claim. I have 00 left on my loan (thats the pay off amount) and the loan is at 13% interest. I guess my question is, how do I figure out how much I will pay if I continue to make monthly payments of 1 for the rest of the loan, about 30 months. Would I take that amount and subtract the pay off amount and that is what i save if I pay it off early?
