3 Dangers of Long-Term Car Loans (Podcast)

Long-term car loan are bad deals. Stay away from them.

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Many are diving into long-term car loans because the lower payments make it seem like you can afford more or a nicer car.

On this episode, Robby and I discuss the dangers of these loan. Our points include:

  1. The interest.
  2. You can get upside down.
  3. You may find yourself paying your loan and the car repairman on the same day.

What to Do When You are Upside Down on Your Car Loan

 

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