Quote:
Originally Posted by 69Bird
That makes zero sense.. You will automatically have equity in the car so why wouldn’t they let you go for the longer term loan? It's almost like they want tap you out in the 72 month, what’s another 12 to them? They would actually make more money with the longer loan term 
Or is it because your loan would be under the amout they want for longer term???? |
i don't understand it either. the manager at my credit union is a friend of mine and she said she was really working hard to get them to approve it but they just wouldn't. she kept telling them, if she wants to owe us more money why not let her? i told her well then it looks like you guys will get NONE of my money because i'm going to look around until i find someone that will approve me for a 6 year, so how is that helping you?
i hate the idea of not having my loan through my CU, because it's so easy to just transfer money on to my loan from my account to my loan account. now i won't be able to do that and that blows!