GasBrommer
New Member
State: FL
Hi, about a year ago, my wife rushed to buy a new car (she had to go to work every day). She doesn't have great credit so she signed up to first of all pay 13,000 dollars for a used 2004 Saturn Ion (manual transmission) but also to pay a ridiculous interest on this, so now she pays 460 dollars per month on this car. The balance is still 11,000 (never paid off laid) and the cars market value will be around 4,000 dollars. Now we've saved up (another 2,500 dollars) that I want to use as downpayment for a "refinancing" or loan modification. What would be the steps to take her so that they will agree with me?
Thanks
Hi, about a year ago, my wife rushed to buy a new car (she had to go to work every day). She doesn't have great credit so she signed up to first of all pay 13,000 dollars for a used 2004 Saturn Ion (manual transmission) but also to pay a ridiculous interest on this, so now she pays 460 dollars per month on this car. The balance is still 11,000 (never paid off laid) and the cars market value will be around 4,000 dollars. Now we've saved up (another 2,500 dollars) that I want to use as downpayment for a "refinancing" or loan modification. What would be the steps to take her so that they will agree with me?
Thanks
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