Quote:
Originally Posted by DBV1
You are exactly right. It amazes how many people own luxury cars and other things on loan, but we are two weeks into a crisis and then think that financial institutions should be delaying payments. I could make a case if this keeps going on a long time, but literally two weeks.
Need to go back to old school financing and if you can’t afford it when you lose your job, then probably should not own or lease it. Always should have a 6 months to a year saved for an emergency too. I am just old fashioned though. 
Not trying to be mean, but just the cold hard truth. |
Makes good sense! Take advantage of the deferral if you can/want... you never know how long this issue might last and what other unexpected expenses you may have. Unexpected home repairs can come up all of a sudden. Be prepared.