‘Upside Down’ Car Deals Turn Finances Inside Out

‘Upside Down’ Car Deals Turn Finances Inside Out

Even today, I’m surprised at just exactly how my grandmother, whom didn’t make much, could are able to spend down her auto loans early – sometimes in two the most common four-year term.

In reality, my grandmother when paid down a loan so early that the lending company accused and called her of falling behind on her behalf re payments.

Well, Big Mama gave see your face such a tongue lashing that the devil could have covered his ears.

Offered her philosophy about buying and investing in car, Big Mama will be astounded (as i will be) during the amount of vehicle owners increasingly expanding their automobile financing out five, six as well as in some instances just as much as eight years. [Read more…]