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Viewing 15 posts - 31 through 45 (of 76 total)
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  • December 10, 2007 at 5:21 PM #113613
    Arty
    Participant

    “Borrowers are loading up their credit cards on the way to bk court.”

    If it is that simple after the law change…I thought you can no longer declear chapter 7 and have your credit cards charges just disappear like that.

    December 10, 2007 at 5:28 PM #113438
    GoUSC
    Participant

    I have no idea Bsrsharma. But that’s what the numbers say. Lots of people bought $50k SUV’s and such with 100% loans.

    December 10, 2007 at 5:28 PM #113557
    GoUSC
    Participant

    I have no idea Bsrsharma. But that’s what the numbers say. Lots of people bought $50k SUV’s and such with 100% loans.

    December 10, 2007 at 5:28 PM #113599
    GoUSC
    Participant

    I have no idea Bsrsharma. But that’s what the numbers say. Lots of people bought $50k SUV’s and such with 100% loans.

    December 10, 2007 at 5:28 PM #113605
    GoUSC
    Participant

    I have no idea Bsrsharma. But that’s what the numbers say. Lots of people bought $50k SUV’s and such with 100% loans.

    December 10, 2007 at 5:28 PM #113640
    GoUSC
    Participant

    I have no idea Bsrsharma. But that’s what the numbers say. Lots of people bought $50k SUV’s and such with 100% loans.

    December 10, 2007 at 5:41 PM #113448
    5yes
    Participant

    My brother just got out of college and got his first job, so he went out and bought $40,000 truck with 100% financing on an 80 month loan! He wouldn’t listen to anyone’s (including my) advice about it, even though I am much older and have a better job and have never bought a car even close to half that price!

    December 10, 2007 at 5:41 PM #113566
    5yes
    Participant

    My brother just got out of college and got his first job, so he went out and bought $40,000 truck with 100% financing on an 80 month loan! He wouldn’t listen to anyone’s (including my) advice about it, even though I am much older and have a better job and have never bought a car even close to half that price!

    December 10, 2007 at 5:41 PM #113609
    5yes
    Participant

    My brother just got out of college and got his first job, so he went out and bought $40,000 truck with 100% financing on an 80 month loan! He wouldn’t listen to anyone’s (including my) advice about it, even though I am much older and have a better job and have never bought a car even close to half that price!

    December 10, 2007 at 5:41 PM #113615
    5yes
    Participant

    My brother just got out of college and got his first job, so he went out and bought $40,000 truck with 100% financing on an 80 month loan! He wouldn’t listen to anyone’s (including my) advice about it, even though I am much older and have a better job and have never bought a car even close to half that price!

    December 10, 2007 at 5:41 PM #113650
    5yes
    Participant

    My brother just got out of college and got his first job, so he went out and bought $40,000 truck with 100% financing on an 80 month loan! He wouldn’t listen to anyone’s (including my) advice about it, even though I am much older and have a better job and have never bought a car even close to half that price!

    December 10, 2007 at 5:45 PM #113452
    (former)FormerSanDiegan
    Participant

    What are the usual “Average cars” driven by J6P? 32K seems a bit steep. Camry is 17-25K Invoice and 18-28K MSRP. F-150 starts 17K MSRP. And they can only pony up $1500 to buy these toys?

    It didn’t say the loan on an average car, like a Camry. It said the average car loan. A few expensive samples can really skew the numbers.

    Consider a sample that has 5 average sedans (e.g.Camry’s at 25K each) and one Range Rover for 75K, with 10% down.
    The average loan would be 30K.

    December 10, 2007 at 5:45 PM #113571
    (former)FormerSanDiegan
    Participant

    What are the usual “Average cars” driven by J6P? 32K seems a bit steep. Camry is 17-25K Invoice and 18-28K MSRP. F-150 starts 17K MSRP. And they can only pony up $1500 to buy these toys?

    It didn’t say the loan on an average car, like a Camry. It said the average car loan. A few expensive samples can really skew the numbers.

    Consider a sample that has 5 average sedans (e.g.Camry’s at 25K each) and one Range Rover for 75K, with 10% down.
    The average loan would be 30K.

    December 10, 2007 at 5:45 PM #113614
    (former)FormerSanDiegan
    Participant

    What are the usual “Average cars” driven by J6P? 32K seems a bit steep. Camry is 17-25K Invoice and 18-28K MSRP. F-150 starts 17K MSRP. And they can only pony up $1500 to buy these toys?

    It didn’t say the loan on an average car, like a Camry. It said the average car loan. A few expensive samples can really skew the numbers.

    Consider a sample that has 5 average sedans (e.g.Camry’s at 25K each) and one Range Rover for 75K, with 10% down.
    The average loan would be 30K.

    December 10, 2007 at 5:45 PM #113620
    (former)FormerSanDiegan
    Participant

    What are the usual “Average cars” driven by J6P? 32K seems a bit steep. Camry is 17-25K Invoice and 18-28K MSRP. F-150 starts 17K MSRP. And they can only pony up $1500 to buy these toys?

    It didn’t say the loan on an average car, like a Camry. It said the average car loan. A few expensive samples can really skew the numbers.

    Consider a sample that has 5 average sedans (e.g.Camry’s at 25K each) and one Range Rover for 75K, with 10% down.
    The average loan would be 30K.

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