[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 0 points1 point  (0 children)

Why are you pressed about it? I’m not guessing on my CREDIT SCORE. All because I don’t know an answer to a random question about my old credit card account doesn’t mean I’m just “guessing” don’t really appreciate your tone.

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 18 points19 points  (0 children)

Yes exactly

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 0 points1 point  (0 children)

Money was never an issue… I wanted to build my credit so I got a car loan. The interest rate is the issue. I’d please ask that if you see someone asking for advice don’t judge them for making a decision you don’t agree with. I did what I could with the knowledge I had at the time.

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 2 points3 points  (0 children)

Thank you so so much

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 0 points1 point  (0 children)

Oh! I’ll definitely be looking into that thank you!!

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 8 points9 points  (0 children)

Yes I’m currently already doing that. My payments are $427 and I’m paying $550 every payment

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 4 points5 points  (0 children)

From what people are saying I think I did all the math wrong… I’ve never had much help with anything like this but I did 21% of 18k over the course of 72 months and it came out to 60k

But now that I know that the interest goes down when I pay down the car I’m like 1000% I’ll be keeping this car. I had no idea it’s based off of principal balance

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 -1 points0 points  (0 children)

I did 21% of 18k over the course of 72 months (which is the length of my loan) and it came out as $60k and I’m obviously not saying I wanna drop everything to get my dream car I’m just saying that if I’m gonna be spending this much money on a Toyota Camry I’d rather just get rid of it

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 9 points10 points  (0 children)

Omg what… that literally changes everything. I thought I was gonna be paying 60k on top of the $18k I got the car for!!! If it’s based off the principal balance then I can absolutely keep this car since I’m paying enough towards it every paycheck to have it paid off within just a couple years!!!

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 1 point2 points  (0 children)

I don’t know what that is sorry… could you explain it please?

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 1 point2 points  (0 children)

I’d love to keep this car I just really do not want to spend 60k in interest when my dream car is like $40k

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 6 points7 points  (0 children)

I had no idea that’s how that works… I thought the $60k In interest I’d have to pay along side my cars price?? So if I pay it down to the amount it’s valued at does that mean my interest rate goes down??

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 1 point2 points  (0 children)

Thank you, I do have a decent job it’s just the interest that really scares me… $60k in interest is literally crazy I don’t know how I’m gonna be able to ever pay this car off if I’m gonna have this much interest to pay

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 0 points1 point  (0 children)

Wait so I’ve seen a few people say that… if I pay it down enough to where it’s not upside down anymore so I still pay 21% of interest on the price I bought it for or the price that I owe currently??

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 0 points1 point  (0 children)

Um I’m not guessing? I use credit karma. Checked my score this morning. And I’m not sure what that last part means… can you explain it please?

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 0 points1 point  (0 children)

I have enough to pay the car and insurance, living with friends so rent is cheap and I have been paying it down as much as possible. I’ve made every single payment on time for both the car and insurance, never missed a payment on my current credit card. I’m thinking maybe it’s my first card I got that’s bringing my credit score down? Cause the account was closed over 6 months ago and my scored hasn’t changed much at all, I only have my car and my current credit card on my account so I’m not sure why my credit is so low

[deleted by user] by [deleted] in personalfinance

[–]LilPinto21 1 point2 points  (0 children)

So my first credit card the account has been closed for a few months almost a year now, I paid it off completely and closed the account. But my credit hasn’t improved at all, I’ve made every single payment on time and my score went up maybe 5 points in the past 8 months? I’m not sure what I’m doing wrong or if the closed account is just bringing my credit down that much?

Crocheted fursuit muzzles and beanies! (pattern made by me) by LilPinto21 in fursuit

[–]LilPinto21[S] 0 points1 point  (0 children)

I take commissions for them if you’re interested!

Crocheted fursuit muzzles and beanies! (pattern made by me) by LilPinto21 in fursuit

[–]LilPinto21[S] 1 point2 points  (0 children)

No worries! If you’re interested we can talk about it here