I'm 25 and working a well-paying job, the problem is my credit. I have a mountain of student loan debt and alot of medical debt as well. Let's just say my Credit is shot all to hell.
The car I'm buying is $8400 and I have $1000 to put down. I called my dad and spoke to him, and he told me "under no circumstance do you take financing over 5%". I've look at about 5-6 different "bad credit calculators" and they all say the same thing. They all say with terrible credit I'd be looking at a 12%-15% interest rating and around $250-$300 a month for 36/48 month finance.
Is this about what I should be expecting?
Submitted July 17, 2017 at 01:50AM by EveryoneLovesNudez http://ift.tt/2vsDST8
