S
Sparkles 37145
Guest
Because of stupid past mistakes regarding credit cards, m credit isn't great, even though I have recently paid off outstanding balances. An interest rate is going to be high, but that is the price I'm accepted to pay for my stupidity credit-wise.
Anyway, I own my Civic outright, I think I can get about 7K for it. I'm looking at a Santa Fe which will require a 15K loan (after my trade in). Since I already have 7K in equity in the vehicle, would a 72 month loan be too risky? I'd like to keep my payments lower. I also plan on trying to refinance as my credit score increases in a couple years.
It's a 2009 Santa Fe.
Anyway, I own my Civic outright, I think I can get about 7K for it. I'm looking at a Santa Fe which will require a 15K loan (after my trade in). Since I already have 7K in equity in the vehicle, would a 72 month loan be too risky? I'd like to keep my payments lower. I also plan on trying to refinance as my credit score increases in a couple years.
It's a 2009 Santa Fe.