Comments on: Should We Pay off Our Car Loan? http://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marlen Zinkhttp://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-51360 Marlen Zink Sun, 08 Feb 2009 11:48:48 +0000 http://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-51360 Loan Offer...We are a private group of financial investors that offer Loans of various types to help individuals and organization reach financial objectives. We customize structured financial solutions for a select groupo f clientele and investors.We have an excellent reputation for the provision of first class financial loan products with exceptional customer service. Our commitment to client services and innovative approach to problem solving has put us an edge above our competitors. We offer Loans to at 3% interest rate per annum and the Minimum amount you can borrow is $3,000.00 US Dollars and a Maximum of $1,000,000.00 Usd.If Interested then Fill Out the form below: *Full Names of Applicant: ....... *Country/State: ................... *Phone Numbers: ............................ *Amount Requested: ....... *Loan Duration: ........... *Monthly/Weekly Income:....... Note: All replies should be forwarded to the Company's E-mail: marlen.zink_lender@hotmail.com for more proceedure's and informations. We give out all types of loans such as, Business Loans Personal Loans Home Loans and Auto Loans Financial Loan .....etc.Regards, Mr Marlen Zink..Contact E-mail: marlen.zink_lender@hotmail.com for more informations on this loan program. Loan Offer…

We are a private group of financial investors that offer Loans of various types to help individuals and organization reach financial objectives. We customize structured financial solutions for a select groupo f clientele and investors.We have an excellent reputation for the provision of first class financial loan products with exceptional customer service.

Our commitment to client services and innovative approach to problem solving has put us an edge above our competitors. We offer Loans to at 3% interest rate per annum and the Minimum amount you can borrow is
$3,000.00 US Dollars and a Maximum of $1,000,000.00 Usd.

If Interested then Fill Out the form below:

*Full Names of Applicant: …….
*Country/State: ……………….
*Phone Numbers: ……………………….
*Amount Requested: …….
*Loan Duration: ………..
*Monthly/Weekly Income:…….

Note: All replies should be forwarded to the Company’s E-mail: marlen.zink_lender@hotmail.com for more proceedure’s and informations.

We give out all types of loans such as,

Business Loans
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Home Loans and Auto Loans
Financial Loan …..etc.

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Mr Marlen Zink..

Contact E-mail: marlen.zink_lender@hotmail.com for more informations on this loan program.

]]> By: Curthttp://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-40992 Curt Wed, 27 Feb 2008 09:01:58 +0000 http://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-40992 Just to let you know you will be negatively affecting your credit rating/score by opening and closing out these accounts. Creditors look for repayment over a period of time. The longer an account is open and in good standing the better your credit rating will be. Why don't you just pay the loan off outright and not even bother opening another credit card account and waiting a year. What if something happens and you are not able to pay off that credit card like you wish. Once interest kicks in you will be stuck with a high interest rate large balance. If you just pay it off then you will have that extra $650.00 a month that you can easily save. Its just my opinion but it does not make much sense to me taking out a credit card to pay off a car loan when you already have the money in hand. Good Luck Just to let you know you will be negatively affecting your credit rating/score by opening and closing out these accounts. Creditors look for repayment over a period of time. The longer an account is open and in good standing the better your credit rating will be. Why don’t you just pay the loan off outright and not even bother opening another credit card account and waiting a year. What if something happens and you are not able to pay off that credit card like you wish. Once interest kicks in you will be stuck with a high interest rate large balance. If you just pay it off then you will have that extra $650.00 a month that you can easily save. Its just my opinion but it does not make much sense to me taking out a credit card to pay off a car loan when you already have the money in hand. Good Luck

]]> By: Granthttp://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-31010 Grant Sat, 15 Dec 2007 19:38:16 +0000 http://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-31010 Make sure your auto lender will allow you to pay off the loan using a credit card before you open another account!Also, is opening a 0% Balance transfer card worth the hassle? Why not just increase the monthly payment and be done with the whole deal?-Grant Make sure your auto lender will allow you to pay off the loan using a credit card before you open another account!

Also, is opening a 0% Balance transfer card worth the hassle? Why not just increase the monthly payment and be done with the whole deal?

-Grant

]]> By: Sunhttp://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-31007 Sun Sat, 15 Dec 2007 19:05:19 +0000 http://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-31007 Yes, even at 5.0+% APY, I am paying more for the loan then what I get from the banks. I want to pay if off early, but have to wait it reach a level that won't put too much pressure on us. Now it's about at that level :)Jonathan: Adding another card won't help simplify my life as I wanted. But this new card is probably for the balance transfer purpose only and I will probably just close it after the promotional period. $17,000 is not an amount that I want to pay right away if I don't have to. Getting another card and using the borrowed money to pay for the loan just give me a little more time to hold on the money. Yes, even at 5.0+% APY, I am paying more for the loan then what I get from the banks. I want to pay if off early, but have to wait it reach a level that won’t put too much pressure on us. Now it’s about at that level :)

Jonathan: Adding another card won’t help simplify my life as I wanted. But this new card is probably for the balance transfer purpose only and I will probably just close it after the promotional period. $17,000 is not an
amount that I want to pay right away if I don’t have to. Getting another card and using the borrowed money to pay for the loan just give me a little more time to hold on the money.

]]> By: Jonathan Chttp://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-30884 Jonathan C Fri, 14 Dec 2007 17:45:19 +0000 http://www.thesunsfinancialdiary.com/personal-finance/should-we-pay-off-our-car-loan/#comment-30884 how does adding yet another credit card to the mix help you reach your goal of simplifying your finances? how does adding yet another credit card to the mix help you reach your goal of simplifying your finances?

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