Quote:
Originally Posted by SuqMadiq
Not going to knock your plan but, financing a car isn't a bad route to go even if you end up paying a little more for it in the end. For someone young, inexperienced, and doesn't have any credit, financing a car can be good thing. It's important to build good credit so that when you do need financing it's available (buying a car, buying a house, starting a business).
Anyways, just my 2 cents...
-Accounting/finance major
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The back and forth on this topic is starting to frustrate me lol. Of course, taking on debt is a bad idea. But, "financing" was invented for a reason, right?>>>It's for those of us who can't afford to pay it fully on the first day...
Now, to figure out if they'll finance to a full-time student who has a co-signer (or no co-signer). I don't really care what the percent is as long as it doesn't exceed 6% because that's what my student loans are at. Also, I have an "excellent" 756 credit score, according to creditkarma, so that should have some clout, right?