How i've only made 1 payment in 6 months

No offense but deferring a car loan has to be one of the dumbest things I've heard. You're accumulating interest at a rate of $10-$20 a day, cumulative, i.e. your

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How i've only made 1 payment in 6 months

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01-20-2010, 02:11 PM

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In2Deep

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No offense but deferring a car loan has to be one of the dumbest things I've heard. You're accumulating interest at a rate of $10-$20 a day, cumulative, i.e. your now paying interest on your interest.

Quote:

Just curious - why buy a car that would put you at financial risk?

Also no offense.....but I'm putting my money that next post from Satent is...
"How I managed to only make 1 payment in 7 months....before getting my car repossessed"

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