I accidentally took out a student loan that I didn’t need About a year and a half ago my college notified me that $8,000 was being reimbursed to me due to an overcharge. It turns out I had accidentally checked a box that requested the maximum loan amount for my semester of grad school. So that $8,000 that didn’t really belong to me was just sitting in my checking account, mixed in with my actual money….

I won’t qualify for a loan, so what should I do with 95k? So I’m disabled and on government assistance. I’ll never be able to work. However, when my dad died, I got enough money to pay for a deposit on a house with my husband. Well now we’re getting divorced, and because I could never afford the mortgage, I’m moving out and getting paid out of the house. I’ll get around 95k. But what should I do with …

Which is better- loan or cash? It do depend on factors like interest rate, expense of item and as such. In USA housing market and loan is in crises and so is in other big European and Asian cities to a lesser extent. So for big purchases like house or car is it better to live on rent or use public transport till the person or both if couple save enough(which could take years …

If I was approved for an auto loan at the dealership today but haven’t signed anything am I obligated to pay that loan? I went to the dealership today and was approved for an auto loan. I have not signed any paperwork yet, am I still obligated to pay that loan? submitted by /u/OtherwiseAd7156

Need advice on a possible loan Is 17% APR too high for a bank personal loan? I requested $20,000, but with a $10,000 finance charge added, the loan amount becomes $30,000. Is this a worthwhile option? submitted by /u/Dry-Masterpiece7771

I’ve just received approval for a loan. Hello Everyone. First time chatter here. I recently got approved for a loan and they have certain requirements i need to meet before they fund said loan. One of those requirements is proof of insurance. I’m currently confused on how to provide that because i’m on an insurance policy with progressive for a car that isn’t under my name. So the onl…

Auto Loan Refinance With Repo Hi! So to make a long story short, in 2019 I had my car repossessed. I was only 19 years old & I was really struggling financially. I just couldn’t afford it anymore so it got repoed. I saved up money for a long time and then bought a car cash which I drove until January of this year. My car was stolen & totaled. I only had liability insurance…

Should I pay down my car loan ? Hello, a while back I let my dad borrow 10k & today he just payed me back, my question is if I should put it towards my car loan or should I put into my hys? Currently owe 32k with a 6% Apr. submitted by /u/kobe3924

Student Loan Repayment Strategy Question Hello, I am a recent college graduate and I have a question regarding repayment of my student loans. I was fortunate enough that my parents were able to pay for most of my college, so I am left with only about ~$20,000 in debt at ~3.5%. I also was fortunate to secure a well paying job in a low cost of living city, so my monthly expenses are also…

Take out loan using stocks as collateral? I have a large amount of $VOO I will basically never sell. Is there an easy way to take relatively small “

Personal loan vs. long term payoff Hi all. BLUF, I’m 16k in CC debt and want to turn it around asap. I am looking at options for personal loans and I could pay off my CC’s in one go, then make the monthly loan payments + money on top. The debt in question is across 5 cards, that were used for work-related travel, emergency expenses, food, going out, etc and I’m tired of seeing m…

Worth paying car loan off early? Classic post, but wanted opinions. I am 25 and have an outstanding balance of about 20k @6.64% over 3 years on my car. My income is about 100-125 depending on company profit share bonuses at the end of the year. I have no rent, no loans except for this car. My monthly net expenses is about 2000 leaving me with enough to save about 1k or so per m…

Personal loan to pay off car So, I am trying to find a way to get rid of my car. It is worth roughly $9k (kelly’s blue book) and I owe $14k on the car for 38 more payments. It equals out to about $408 a month, if I were to take out a $14k personal loan to pay off my car, then in turn sell my car that I now own and put that money towards the loan it would then only be $4k is…

What a ‘Mortgage Loan Modification’ Is, and When You Should Get One Lenders are often willing to modify loans for borrowers facing legitimate hardships.

Should I sell my NVDA stock to pay off 7.5% car loan? I have around 21.9 shares of NVDA at a cost basis of $609. I’ll have 219 shares after the 10-1 stock split in early June. I have around $25k remaining on my car loan which is at 7.5% interest. Should I sell my NVDA stock and eliminate the majority of my car loan? But another part of me thinks this stock will continue to rise over the next year …

You Can Borrow Money From Yourself With a ‘Passbook Loan’ Yes, you can use your savings account money without losing it.

Is it better to make multiple student loan payments a month or one monthly payment which is more than principal payment This must if been asked before so forgive me as I haven’t seen it. I’ve got a student loan, current payment is 380usd a month. In the past I’ve been paying 100 more a month as a one time payment when my statement is due. Just curious if it makes more sense for me to keep doing that to pay the loan down or if it’s better for me to make one paymen…

Should I pay my loan off first or my car? So my apr on my car is 22% and my apr on my conventional loan is 28% im under on my car, a year and a half later and I still owe $9500 on the $14,500 and about a year later on my $5000 conventional $4000 owed $2500 payed bought a car from the wrong place got a loan for a business that never did anything, but I have the option to pay it off for $…

A place for mom – cash or loan? My mom is moving from the Tulsa suburbs to Sun City in AZ to live closer to me, in Phoenix. The proceeds of her 3-bdrm Tulsa house will be about $230k. (She owns it outright), and the buying power of $230k Sun City will require her to settle for something much smaller,older and out dated. (If you’re familiar with original Sun City, she really li…

Should I refinance my car loan right now? I am paying off a 2021 Corolla I bought used one year ago for $22500. I owe 19,200 on it and pay $467 monthly with a 14.77% interest rate. (Very bad, I know.) I recently got a credit line increase on my main credit card and my credit jumped from 680 to around 730. Would now be a good time to leverage that for a lower interest rate? I have 63 mon…