Bill_BX23
Member
I'm using the extra money to pay off a 17.49% credit card. Also, at the same time I'm getting rid of a Van loan ($350/mo) and a signature loan ($230/mo) . With the extra savings per month I can accelerate payments. Overall I should come out about the same. Also, the credit union payment automatically comes out of my paycheck (before I get it) so I don't have to think about the payment.
Another thing is the relationship with the credit union. I can just call them up and tell them I need some money and all they ask is "how much"? With the Kubota credit I'd have to fill out the application, wait on them to approve it, etc.
Not sure if the credit union would want to finance only 10% of the tractor. They might make me put it on a signature loan at 13.25% interest.
Bill.
Another thing is the relationship with the credit union. I can just call them up and tell them I need some money and all they ask is "how much"? With the Kubota credit I'd have to fill out the application, wait on them to approve it, etc.
Not sure if the credit union would want to finance only 10% of the tractor. They might make me put it on a signature loan at 13.25% interest.
Bill.