Y
Yorkie
Guest
Hi,
I bought my first motorcycle using a Kawasaki credit card. The bike was about $8,000. I have the following promotion which will expire in 24 months:
Fixed payment amount: $89.00
Reduced Rate: $6.8% APR.
Should I keep this Kawasaki card for two years while paying it down or should I take a loan out from the bank instead?
My current financial state:
x1 car loan $20,000 owed ($400 / month)
x1 school loan $3500 owed ($72 / month)
x2 credit cards $0 balance
x1 furniture credit card @ room store: $2,000 owed
Income: $52,000 per year.. single no kids/wife/family.
What do you think? I really wanted a motorcycle but maybe I should of cleared my other debt first excluding the car?
oh yeah rental for house is $920 a month
I bought my first motorcycle using a Kawasaki credit card. The bike was about $8,000. I have the following promotion which will expire in 24 months:
Fixed payment amount: $89.00
Reduced Rate: $6.8% APR.
Should I keep this Kawasaki card for two years while paying it down or should I take a loan out from the bank instead?
My current financial state:
x1 car loan $20,000 owed ($400 / month)
x1 school loan $3500 owed ($72 / month)
x2 credit cards $0 balance
x1 furniture credit card @ room store: $2,000 owed
Income: $52,000 per year.. single no kids/wife/family.
What do you think? I really wanted a motorcycle but maybe I should of cleared my other debt first excluding the car?
oh yeah rental for house is $920 a month