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Reply #15: Just keep making a "car-payment" to yourself, in a savings account [View All]

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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 04:27 PM
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15. Just keep making a "car-payment" to yourself, in a savings account
Edited on Sat Feb-14-09 04:28 PM by SoCalDem
every month, and before you know it, you'll have the cash to buy a decent used car..and have NO payment.. No one checks your credit when you pay cash :evilgrin:..

and don't worry so much about the "stigma" of BK.. .My best friend did it a few years back..2003, I think, and within WEEKS, she was already receiving offers of credit in the mail..

She was scared to death when she had to have a credit check run, in order to rent a place at around year 4 post BK, and her credit check came back just fine..

There are so many people these days in the same boat, I think people are going to have to be more "understanding"..

Congrats on your "new start":hi:
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