timswi
Elite Member
- Joined
- Nov 18, 2008
- Messages
- 4,997
- Location
- Beaver County Pa
- Tractor
- Kubota BX23 TLB, Kubota RTV1100, Kubota Z724 & Polaris RZR 900 Trail
Wow!!! This has kinda kinda turned into a personal finance/micro-economic disussion. Anyway, the OP had a foreclosure--Massive risk to the finance company and the fact that they wanted additional assets to secure the loan is no issue in my world. In fact, he's lucky they even considered it--Would any of you given the risk of "farm equipment" kinda just dissapearing?...Keep in mind that most contracts have a "call" option but it is rarely enforced on consumers..If it was, they would have called in his existing loan and the flatbed would have arrived in his driveway.
What I said about car financing: I stand behind...Cash will generally cost more unless the dealer wants the car off his lot--aint happenin without some level of profit from somewhere andmost of it comes from dealer reserves and add-on's...
Credit card are lethal if one doesn't have a full understanding of what they are doing..If you do, good for you.
All I can say is that this is a good discussion.
What I said about car financing: I stand behind...Cash will generally cost more unless the dealer wants the car off his lot--aint happenin without some level of profit from somewhere andmost of it comes from dealer reserves and add-on's...
Credit card are lethal if one doesn't have a full understanding of what they are doing..If you do, good for you.
All I can say is that this is a good discussion.