Please help me figure out my car loan?!?
Answers:1 | LastUpdateAt:2012-10-03 23:59:02
Question- Brydley
- Asked at 2012-09-15 21:51:03
Can someone help me understand my car loan / interest? MedlinePlus
So when I bought my car I was stupid and knew nothing about the process . The second I turned 18 I financed a car he could not afford - then traded it in ( stupid - I know) . So no judgments about what I did , please , as I can not take that back now . MedlinePlus
MedlinePlus
So now - the total amount of financial resources in my current car was $ 15,000 with an interest rate of 15% ( high I know! ) . The loan term is 72 months and pay $ 339 a month. MedlinePlus
MedlinePlus
So after everything is paid I will have paid $ 24,408 for it . I would like someone to explain how it works. MedlinePlus
MedlinePlus
I am three years into my loan and still owe me over $ 11,000. MedlinePlus
MedlinePlus
Thank you !
Answer1Little LisaAnswered at 2012-10-03 23:58:33
I would like someone to explain how it works. MedlinePlus
------- MedlinePlus
MedlinePlus
Explain what ? You signed a contract agreeing to pay bad for a vehicle of more than six years . What is needed to clarify here that the contract does not specify where he was so pleased to sign anyway ?
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Question:Please help me figure out my car loan?!?