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Re: Upside down on car loan. options?
[Re: bward85]
#2204212
08/24/17 09:33 AM
08/24/17 09:33 AM
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Joined: Nov 2011
Posts: 22,079
USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 22,079
USA
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If not, I guess he will have to roll that outstanding balance into a new car loan.
Dr. B If he can't stroke a $1500 check, he's not the type person that needs loans, of any kind. He needs to be driving a $1500 car for his next ride. Nobody much does that though. He'll get somebody to give him a car, and take the chance. Lots of really good people can't "stroke " a check for $1500 at any given time....I don't see where that means they shouldn't be able to get a loan. I don't doubt he'll be able to. Just saying he probably shouldn't. Car loans are almost certainly one of the easiest ways to get in financial trouble. Also easy to avoid by driving a beater. Not many folks want to though.
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