I was looking to finance a new car, and the dealer told me about balloon and bullet financing options which will decrease the monthly car payments to a great extent. I have the money to make that lumpsum payment at the end of the term, but I've been told that it is bad, and that I'd be better off with normal financing.
Why is it bad?
Submitted April 17, 2021 at 08:21AM by balloonfinancingpf https://ift.tt/3suhtSm
