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Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54653608 added 11-10-2012 3:45 PM by dealz2012 in Archived Deals
If you are dead set on the new car, finance the car through penfed at 1.49%... its free money. I just bought a car and instead of putting 5k I had towards the car I am saving it for my wedding...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54609036 added 11-09-2012 5:48 AM by PghBunch in Archived Deals
Please be careful if you go back to school. My husband racked up over $120,000 in student loan debt at a 6% interest rate. All I can say is that it's a nightmare trying to pay it off and I'd hate to...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54533788 added 11-06-2012 9:15 PM by MobileBucks in Archived Deals
LIVE IT OUT BRUH! You only got so many years to be young. Work is a commitment!
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54358426 added 10-31-2012 2:32 PM by happyhunting in Archived Deals
Live as cheap as you can through school and when you get done get something you will enjoy. From the sounds of it were about the same age and I have plenty of friends who went out and got new cars...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54357180 added 10-31-2012 1:42 PM by attgig in Archived Deals
If you absolutely need a car when you're in school...I'll give an argument for getting a car (though maybe not a brand new civic). i'm assuming you'll be getting school loans for med school, but...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54356444 added 10-31-2012 1:15 PM by drsketch in Archived Deals
this is a no brainer, pay off whatever has the high interest rate, and student loans cannot be discharged in bankruptcy... Pay off the student loan!
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54355390 added 10-31-2012 12:39 PM by blackb1rd88 in Archived Deals
Yeah, I guess I should have expected the "don't buy a new car" answers after I posted that I was trying to go to medical school. I'm not accepted yet, and I'm in the middle of interviews. I don't...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54351422 added 10-31-2012 10:11 AM by Jeffbx in Archived Deals
Use spare cash to pay down the existing student loan
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54350112 added 10-31-2012 9:27 AM by Serus in Archived Deals
Dumping all your savings into a new car isn't wise, regardless of attending school. On that income, I would buy a used car if you need something soon. The interest rate on the student loans is...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54348868 added 10-31-2012 8:36 AM by attgig in Archived Deals
do you already have a car? is that 11 grand ALL of your savings? are you going to burn through ALL of your savings for a civic?
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54341520 added 10-31-2012 12:27 AM by gauge in Archived Deals
Have you been accepted to medical school or just trying and would it actually start next year if you got in? Im asking because I start nurse anesthesia school in June and I was accepted at the...
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54341204 added 10-30-2012 11:57 PM by PiratesSayARRR in Archived Deals
^this
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54338276 added 10-30-2012 8:58 PM by vaultaddict in Archived Deals
Don't buy a new car if you're gonna go to medical school.
Student loan or Car down payment
Expired
Thread created 10-30-2012 by blackb1rd88
0 Score 13 Replies 1,518 Views
Post #54337944 added 10-30-2012 8:36 PM by blackb1rd88 in Archived Deals
Right now, I have about 11 grand that I can use to put towards a car down payment. I'm hoping to purchase a Civic with 0.9% interest rate. I also have $6500 in student loans with 6.8% interest rate....

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