That's crazy. - Saab General Bulletin Board - Saabnet.com
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That's crazy.
Posted by FrozenSaab [Email] (more from FrozenSaab) on Wed, 19 Feb 2003 19:42:35
In Reply to: Makes sense to me..., bRAD, Wed, 19 Feb 2003 17:44:18
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The whole point of an 'open' loan is so that you can pay it off whenever. If you are still committed to the original payment schedule, whereby you can't finish earlier, then how is it 'open'? Seems closed to me.
Actually, I called GMAC about this once, and they told me that if I were to put down a big chunk of change against my car loan, then it would only mean that I end up finishing my payments earlier, but I would have to still make the regular monthly payments as per the usual schedule.
If you're still getting grief, I'd contact some sort of Better Business Bureau or Consumer Affairs thing. They could probably help more than some dude like me on the internet.
posted by 24.43.16...
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