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Old 04-02-2013, 11:00 PM   #442 (permalink)
dmhenderson
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Quote:
Originally Posted by aniceh View Post
True, but if the justification is lowering payments, might as well call a spade a spade.
Lowering payments by extending the loan 1+ years. You are letting the lender take your future income for free and they don't even have to lift a finger.

Don't ever, ever do this unless you're going to like...lose your car.
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