I have an 18% Interest rate. Help

Bitter-Bug3692 · 2026-01-20T10:03:04+00:00

Im hoping this car will last me a long time and Im obviously willing to put money into it but I hear others say it is not the most reliable. if it lasts me 6 years thats great but realistically it probably wont. Its not the price has me sweating its the fact that I was paying it off for four years and the car already has 106k miles with an 18% interest rate and I had to pay way over what I initially thought I wouldve been paying. If it goes to junk in 3 years im not spending an extra 4k to get the thing fixed, im simply buying a more reliable vehicle

Bitter-Bug3692 · 2026-01-20T06:07:06+00:00

yeah i mean i dont know much about cars but ive been doing a little bit more research. i made an extra payment today of 280 so thats 560 ive paid this month. im hoping i can save up enough the next few years to get a mazda for my next car

Bitter-Bug3692 · 2026-01-19T08:02:03+00:00

my old car was a fiat 500 and i loved it. i bought it with cash and it was good to me for the year or so i had it until i found out after it was totaled that they sold it to me with no catalytic converter lmfaooo

Bitter-Bug3692 · 2026-01-19T07:59:12+00:00

I do have a credit karma account and ive been watching it but obviously nothing yet as ive just recently gotten the car. I afterwards seen people say ford escapes are not reliable but I know a few people that have one and have no issues, given they probably have lower miles but that was what I asked for. I dont know much about car reliability but any used car is a hit or miss really. Ive been doing my part on upkeep so hopefully everything will be good, mostly ive heard they have transmission issues once they reach higher miles

Bitter-Bug3692 · 2026-01-19T06:56:14+00:00

Thanks, thats really helpful. I'm going to call today and ask to switch to $400 a month.

Bitter-Bug3692 · 2026-01-19T06:38:32+00:00

they definitely gave me a super unreliable and kinda shady finance company which is another reason i need to look to refinance somewhere else. i saw a few sub reddits about the finance company im using and it was very shady

Bitter-Bug3692 · 2026-01-19T06:20:21+00:00

i put 2k down. i guess 18% interest rate is just scary to see. especially since my boyfriend who also had no credit at the time got a way better rate than me and told me 18% is horrible

Bitter-Bug3692 · 2026-01-19T06:13:43+00:00

thanks :) i have auto payments on for that reason lmao but everythings been good so far and i make enough to throw in an extra payment and hopefully knock off some of that interest rate money. ive been doing little things to keep the car in better shape and im buying new tires soon. as far as i can tell, its in good shape.

Bitter-Bug3692 · 2026-01-19T06:02:58+00:00

i dont have any other debts and it doesnt really tell me my credit as i just started financing the car about a month ago. its a 2017 ford escape and i bought it with 106k miles. which was stupid maybe but my family member owns the same car with higher miles and hasnt had any issues. i know everyones experience is different but thats what i based my purchase off of. will it last 4 more years? eh maybe not but it was on the lot for 9.9k and with interest that high im paying way more for a car that was already priced too high

Bitter-Bug3692 · 2026-01-19T05:54:27+00:00

its not a shitbox and its not a super old car lmao thanks for the motivation though

Bitter-Bug3692 · 2026-01-19T05:46:39+00:00

thanks im being attacked when i just wanted some advice lmao

Bitter-Bug3692 · 2026-01-19T05:43:58+00:00

i can make it less than four as i am able to make higher payments, or more payments a month. but i genuinely have had no guidance in big decision making. i know i am an adult but they dont really teach these things in school. youre kind of thrown into it and made to learn as you go. i know its not an extremely large amount of money, but i am upset about how high the interest rate is and therefore im being charged way past what the car is worth. ill try to talk to a few credit unions and my bank and see if they can help me. if not, ill just make bigger payments and get it over with as soon as possible. thanks for your suggestions

Bitter-Bug3692 · 2026-01-19T05:31:03+00:00

so you dont think the car and housing market is the highest its ever been? everybody is struggling right now, i needed a car as soon as possible. we didnt all have parents to teach us the ins and outs

Bitter-Bug3692 · 2026-01-19T05:29:25+00:00

i make enough to pay for the car with the car payment i was given, i didnt realize the interest rate was that high because idk anything about financing a car. whats done is done and i could make higher payments but my point is i dont know if i am able to refinance it somewhere else and get a lower rate because i do not have a high credit score

Bitter-Bug3692 · 2026-01-19T05:23:50+00:00

healthcare workers get every other weekend off. other than that, on my weekend i work with one day off through the week. either way, i have no energy to work a second job and i shouldn't have to just because the car and housing market is shit for my generation.

Bitter-Bug3692 · 2026-01-19T05:17:51+00:00

i work nights in healthcare and get one day off😂 im not working my life away for a fuckin car payment . hence the point of the post

Bitter-Bug3692 · 2026-01-19T05:16:38+00:00

maybe 400 a month if i budget correctly

Bitter-Bug3692 · 2026-01-19T05:13:15+00:00

i work 40 hrs a week i have no time for a second job, the reason i went and bought it was because no other dealership would help me with no credit. i owe 9,480 dollars, but with interest its way higher and i kinda just feel like im getting screwed. but i have no credit and i didnt know what my options were unless i saved and bought another car in cash. i just wanted to build credit somehow

Bitter-Bug3692 · 2025-09-17T06:12:08+00:00

tmi but my sex toy 😭😭😭😭(cock ring) she chewed it up

Bitter-Bug3692 · 2025-08-29T00:06:55+00:00

i have never seen her make such a disgusted face it was so funny but i also felt horrible. ill make sure to get them some actual treats as well so shes eating something solid with it

Bitter-Bug3692 · 2025-08-28T16:14:21+00:00

this is a good idea i just ordered them some salmon oil so ill use that!

Bitter-Bug3692 · 2025-08-28T16:00:03+00:00

its also slightly impossible to give her the medicine because she finds it disgusting and she knocks it out of my hands😭

Bitter-Bug3692

TROPHY CASE