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Old 03-22-2011, 03:28 AM   #38 (permalink)
ImportConvert
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Join Date: Jun 2010
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Quote:
Originally Posted by kenchan View Post
yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit.
+1, I can't afford $300K for a house/land up front, and a car was the best way to build the kind of credit to tackle large-ticket items. I'm just getting started in life, financially.

I put down 10% of the amount financed on my car.
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