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Old 07-27-2009, 07:59 AM   #28 (permalink)
Drexel
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Join Date: Sep 2008
Location: Lived in Kansas all my life
Posts: 28
Default Re: Has anyone tried to pay off their Mahindra early?

I guess I'm not making my point real clear, my fault. I'm good with the loan Mahindra/Agricredit gave me. After a number of questions and wading through the fine print I knew what I was getting into and still took it. I just didn't like the idea that they advertise a 0% interest loan and having to read the fine print to find out that you were being charged for the loan. As I said earlier if you pay someone to use their money to me that's interest. I just felt they could have been a little more upfront about it instead of sneeking around the backway. Maybe I am being a little hard headed about this (wouldn't be the first time) but I felt it was a bit sneeky. I always thought caveat emptor was a warning not justification. As for my home loan? Your right about not liking paying triple for the cost of he house. But..the bank called it interest from the git go. Even gave me a printout detailing exactly what the house would end up costing me in the end.
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