Is a good idea for a 20 year to take out a loan for 4500 to buy a car? Why or why not it's not a good idea? related questions

Answers
Asked by
Updated
Is a good idea for a 20 year to take out a loan for 4500 to buy a car? Why or why not it's not a good idea?4flower2012-08-27 14:17:03
It will also be a personal loan and a car loan .
Would getting a loan for a 16 year old be a good idea for a car for about 1900?2de2012-10-03 13:41:03
I would be able to pay at least 500 a month and only 225 in my account I have my mom or dad used to cosign could ask the person for that job or something to help me because I want a car
Home equity loan to pay off 2 cars and 5 grand credit card debt. Good Idea or bad idea?1davis2012-10-15 01:39:02
Home equity loan to pay for 2 cars and $ 5,000 of credit card debt . Good idea or bad idea?
If I take out a 60,000 dollar loan and will earn 40,000 a year is this a good idea? See details.?3lachauncia2012-10-15 20:12:02
I have 26, a graduate student, and I'm living with my parents to save money , so do not go into debt. I am getting a Master of Education in counseling so that you know that I will not make much money. However, since I am studying counseling my peers think I am strange and abnormal to live at home. The impression is that my teachers I can not any leadership because of this. So I thought that taking out a loan of $ 60,000 so you can rent an apartment in the basement , buy a car , pay bills, eat and so on for the next 3 years. Does this sounds good - I guess that a loan is the way to be seen as a leader and independent. So how can I manage my finances if I did this?
I need advice on Bill Consolidation? Is it a good idea or bad idea?1The most lovable of flotation2012-09-03 16:19:02
I'm frustrated with my Military Star Card , as it has a fluctuating minimum payment based on the amount charged to the card now , so basically if I charged nothing new in the card, my minimum payment than it was the month above. I discovered this recently when I was informed that I owe $ 120 for late payments , charges , etc , but what really bothers me is that it still took some of the $ 50 electronically from my checking account that was set up to auto pay , so do not miss a payment ! Which in turn made ​​me negative in my checking account and lose my student loan . So I was wondering is it just me consolidate all my main accounts in a bill would be a good or bad investment . I need some advice . MedlinePlus MedlinePlus Sincerely , MedlinePlus MedlinePlus Jenison EST U.S. Army
Buying a pizza shop, good idea? Money potential? Is my plan any good?1Samatha Priest2012-10-24 07:12:02
I have 22 years . I saved almost $ 40K . I have a degree in two years that I will get where I want to be. I can go to school , but I hate the school and see no purpose in just getting a better career . I've had my own online business in the past two years and the average income was $ 30K a year , but the economy has killed my business literally . MedlinePlus Would I be able to get a loan , even at my age and to buy an established business and run it ? Of course I do more research on any industry , and I have my comb cpa in the financial statements of the company . MedlinePlus MedlinePlus MedlinePlus I just want to know simply , of all present experience , if I would be able to shop around for say two months , finding the best deal , use only $ 20K ( loan more money ) and buy a business ? And I'll be able to make at least $ 30K annual net this business ? How about $ 50 thousand a year ? Would it be a matter of 60 hours per week or more ? It would be quite reasonable to sell it and buy a bigger one and follow up? Or buy several businesses , perhaps putting a manager in the position to do more work , but I pay less than what I could have time to open new business? MedlinePlus MedlinePlus Thank you so much!
Is this a good business idea it's patented so please don't try to steal it good answers please?0lollicupy2012-11-05 12:14:11
OK i'm laying it out here it's and investment/lending company with the emphasis on helping people and making people small amounts of money monthly.The maximum investment and loan is only 40 dollars which would be instantly available to the borrower they would have to pay back at payday like 14 to 16 dollars in that range a huge percentage but small amount of actual cash. The investor receives like 7 to 8 dollars within 3 business days it would be a loop my company receives the other 8 dollars for the service which would add up very fast as profit because we would use very little of our working capital at any given time. We would have limitations on how many investors we could take in any given month same as borrowers as a safety net. Nobody would default on a 56 dollars at pay day it's to little it helped them out and was payed for by the original investor. We would have income requirements bank info etc.. This is not a ponzi scheme the idea here it to help everyone the borrower,the investor and my company?
Title loan on Car??? good or not so good idea?1raychael2012-10-22 11:44:02
Well lets say I have 2 credit cards each with a balance of $ 3,000 in interest rates of 23% each.Would makes sense for me to borrow the title of a car I admit it's completely free paid for $ 6,000 even if the interest rate of perhaps 30 % or more ( in the worst case )? MedlinePlus MedlinePlus I was thinking of an interest payment is better than two right? MedlinePlus MedlinePlus I think I'll also be doing the loan with a credit union .
Car loan- good Idea?4Tom Gilliam2012-11-02 10:39:03
I'm in a bit of a difficult situation , my current car is going downhill ... kilometers. I've been debating whether or not it is a good idea to get / apply for a car loan in my bank . About a loan of $ 6000. I have no real credit . My income per week is $ 200.00. MedlinePlus MedlinePlus I have already saved about $ 1000 for this ... MedlinePlus MedlinePlus Also, how to go about fixing the payment amounts for a> loan?
Is this a good idea to pay off my loan on my car?1Amanda E.2012-10-25 20:29:03
I just got my first time homebuyer credit ($ 8000) and I was thinking about paying the rest of my 2006 Chevy Montel Carlo . MedlinePlus MedlinePlus I currently owe 7500 on it and Kelly Blue Book says it is worth 6,800. Would it be a good idea to just pay and save the money you would normally pay monthly for it? MedlinePlus MedlinePlus Does doing this to ruin my credit? I want to buy a new car in the near future , but do not want to pay two car notes simultaneously.
Is this loan a good idea? ? ? ? ?1uzma2012-09-18 08:13:03
I have applied and been accepted for a loan of
Car loan...good idea for me?0valerie*2012-08-26 15:28:03
I have 15 years old (please do not criticize me for it) , but I am very interested in purchasing a vehicle . I just got my license , so I'm looking for one. I found one that is around $ 10,000 . Soon I will start a job at Food City , so I'll be making money , but I do not want to wait two years to save enough money to buy the vehicle you want . So my question is , do you think it would be a good idea to see if my mother was able to get an auto loan so I could buy the car ? Has moderate - good credit . Since going to get a job , I will be able to afford the insurance payments and give the money to repay the loan . You think it's a good idea? And be realistic with me , I really want this car !

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions