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Credit
Posted by fsik (more from fsik) on Wed, 28 Apr 2004 14:16:20
In Reply to: Parents, affluent zip code...., Noel, Tue, 27 Apr 2004 11:57:54
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The amount of credit extended to youngins these days is truly staggering, and that's unsecured. Start 'em early! Car loans are secured, so your credit has to be just a notch above bankrupt to do a deal, and they have these ludicrous terms like 72+ months so that even a huge interest rate can show in a smaller-looking payment.
We used to have 'house poor'...now there's 'car poor' too.
That's the way my sister thinks, and many other twentysomethings: 'what's the monthly payment?' I did the math on her car loans over the last couple of years and she nearly fainted.
Either that, or I like the 'multiple product line' theory...
posted by 66.108.3...
Posts in this Thread:
- Domino's must be paying delivery boys well..., TB, Tue, 27 Apr 2004 10:30:12
- probably trying to pay the lease / loan like in the ad, Trev, Tue, 27 Apr 2004 12:31:58
- Re: Is he offering Pizzas with anchovies? haha (nm), elliott, Tue, 27 Apr 2004 12:26:42
- Parents, affluent zip code...., Noel, Tue, 27 Apr 2004 11:57:54
- Credit, fsik, Wed, 28 Apr 2004 14:16:20 <-- Viewing This Message
- Or he sells something with the pizza? n/m, Nathan Pflaum , Tue, 27 Apr 2004 11:54:52
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