03-22-2011, 02:28 AM
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#2 (permalink)
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A True Z Fanatic
Join Date: Jun 2010
Location: SWMO
Posts: 4,454
Drives: 2019 CX5 GT Reserve
Rep Power: 7628
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Quote:
Originally Posted by kenchan
yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit.  |
+1, I can't afford $300K for a house/land up front, and a car was the best way to build the kind of credit to tackle large-ticket items. I'm just getting started in life, financially.
I put down 10% of the amount financed on my car.
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