Mo Foreclosure Process
Mo Foreclosure Process
I have a car title loan and can’t afford the intrest payments..I was wondering if..?
I could get a new car. And pay the mo. payments and the insurance payments instead of worrying about paying the 800.00 bucks on the car title loan….The only problem is that I have TERRIBLE Credit. Me and my husband got our car reposed about about 1.5 years ago and have that on our credit as a judgment AND we were in the process of foreclosure but paid and got out of it. So.. Do you think we would still qualify for a car and be able to pay cheaper than the 800.00 bucks a month for the title loan-would it be cheaper to let the title loan go??
NOOOOO! Title loan places should be outlawed. They prey on the financially naive.
The problem here is repeated bad decisions regarding financial management. Work extra jobs and sell things on eBay, but find the 800 dollars quickly. Do not get another loan. That plays into your denial and prevents you from dealing with the uncomfortable emotional consequences of your actions.
I know it sounds like I’m getting on your case, but its because I have done stupid things with money and then fixed it and I want you to enjoy the spiritual peace of being debt-free.
Get Dave Ramsey’s book, My Total Money Makeover and follow his plan. If I can do it, you can do it.
Related posts: