Posted on: 20th Aug, 2009 09:59 pm
is it acceptable to apply for a 60000 loan for 36 months with a monthly ammortization of 3396? thanks!
Hi rex,
It depends on your financial situation whether you should go for this personal loan. Generally the interest rates on personal loans are high. What rate is your lender offering you? If your monthly payment towards the loan is $3396, would you be able to afford it? Do you have any other debt obligations?
It depends on your financial situation whether you should go for this personal loan. Generally the interest rates on personal loans are high. What rate is your lender offering you? If your monthly payment towards the loan is $3396, would you be able to afford it? Do you have any other debt obligations?
that looks pretty crazy to me, rex. your payback at the end of 36 months is over $120000. that's double and then some what you've stated as the loan amount.
you must be in tough financial shape to be offered such an ugly looking deal.
you must be in tough financial shape to be offered such an ugly looking deal.
Rex
I will personally finance that deal for you but it will only cost you $3,000 per month.
I will personally finance that deal for you but it will only cost you $3,000 per month.
is it me or does that loan have a 54% (!!!) interest rate...?
eric, you're a champ! what a deal!
if only i had a spare $60K sitting around to lend out...i might get in this at $2995!
if only i had a spare $60K sitting around to lend out...i might get in this at $2995!
Rex,
Your score must be at a question for this deal. Did you bargain at all or is this a one way talk???
Your score must be at a question for this deal. Did you bargain at all or is this a one way talk???
i wanted so badly to say something...it would have been a little snarky though...