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Paying off early

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    Paying off early

    I was thinking about getting a auto loan after discharge. I have read storys of how easy it is to get up side down on a auto loan. My thought is if i can get a loan pay the payment and pay a extra 300 to 500 on it every other month or so. Then pay 1000 maybe once or twice a year. should get me paid off in a year or two. Will that help me build my credit or will the early large payments pay it off before i do any good to my credit.

    I know of a finance company that will give me a loan on my 07 truck and report every year. But i see no reason to get 22% of a loan on a truck i now OWN and just need the report.

    #2
    22%?!? How are you able to get one that low and not 24.99% post-BK? That's pretty good!

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      #3
      If i remeber that ws my sisters rate with them.
      Originally posted by debtmonster View Post
      22%?!? How are you able to get one that low and not 24.99% post-BK? That's pretty good!

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