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Wednesday, March 5, 2008

Auto Loan

Recently a friend of mine, their car was down. Having no transportation is very tough. Even though they have a home base business but still that was not easy for them. They need to go back and fort to where they get their job and they need to drop my daughter to her bus stop. They had to ask a family member to gave them a ride. And pay that person so much every time they asked him. They decided to apply for an auto loan. Also they already tired of having a used card that only last for at least couple months and starts breaking down on them.

Luckily they were able to get approve on an auto loan. An auto loan that they really can afford was according to their budget. The car that they bought was a used but not much mileage to it.

I remember when I first married my husband he had this small sports car. When that broke down we had a hard time to get approve for a loan, because at that point his credit was not great. Good thing a friend of him sold his own car to us for not much. Couple years after we bought a brand new car in cash with zero mileage. Now we are thinking to trade in our car to another brand new car. Maybe this time we will try to apply for an auto loan. There should be no reason why we won’t get approve.

This is the thing having no car is a big different compare to having no one. How about you? You think you need a car?

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