xmelonx50kuro
New Member
I need a 4WD for $20k–$30k. Should I take a personal loan or a mortgage on my home? I own it mortgage-free. Thanks.
Should I get a personal loan or use my mortgage for a $20K-$30K 4WD?
- Thread starter xmelonx50kuro
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SonicFall200
New Member
If these are the only two options: Pay off the mortgage on your home within 3 5 years. Pay it off sooner if possible.
SpeedSamprince
New Member
Buy a 5k 4wd or a brand new 60k Toyota/Isuzu. Don't buy in the middle.
StarlightEcho
New Member
My house is totally paid off, but yeah, I've got a mortgage against it for the full 80% wild, right?!
That basically means I have a credit card with a massive $830k limit, perfect for snagging stuff like that car! But here's the thing you've gotta be disciplined! If you're not careful, you can do some serious damage.
I'm a total tight arse, so so far I'm doing okay... no outstanding debt right now, and that feels awesome!
That basically means I have a credit card with a massive $830k limit, perfect for snagging stuff like that car! But here's the thing you've gotta be disciplined! If you're not careful, you can do some serious damage.
I'm a total tight arse, so so far I'm doing okay... no outstanding debt right now, and that feels awesome!