Filed in archive
News
by Jeff Bressler on March 6, 2008

The desire to purchase a new car or truck is great and so is the need to get the monthly payment down to a manageable level. Are ultra-long-term car loans a disaster in the waiting?
In an article authored by CNBC's Phil LeBeau and appearing on their Web site, CNBC.com, the growing appearance of 9-year car loans is profiled. As LeBeau correctly points out, it is almost inconceivable that the customer is properly considering that the 9-year loan taken out today will run till 2017!
Still paying off an "old" car 9 years later wouldn't be very cool in my estimation
Permalink: Grandfather Loan
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/116098
Mr Wong
Vote for Grandfather Loan:
|
Rating: 10.00 out of 2 vote(s) cast.
|
Subscribe
Use the search to look for other interesting posts
| RSS | See all blog subscribe options |
|
What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |





