I was in a bind a few months back & had to buy a car from a buy here, pay here place (my credit is not good & was unable to get a regular loan, it was the only place that would approve me, and I couldn't get a co-signer, either) ... bad thing is, it's a 24.99% interest rate, and the payments are $160 every two weeks ... I am struggling to feed my son and I, and pay our bills to keep our apartment, and was thinking about relinquishing the car (the payoff is more than the car is worth because of the interest) and just buying a cheap, reliable used car outright for under $1000 ... any ideas or suggestions? Anyone have this kind of problem and come up with a different solution? Or have an idea of how to get a good, cheap used car? Thanks!!!
2007-05-07
09:15:42
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4 answers
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