▲ 6 r/debtfree
A friend of mine has a car loan that they’ve been paying off since last year. I don’t know all the details but it started off at about 19k and now they’re at about 14k. The issue is they have this loan at 19% apr. Which is an insane amount. They’re constantly stressed about their monthly payments and how very little goes towards their principal. I don’t know how to advise them because i’ve never had a car loan before. I’ve done some research but i’d love to hear some advice, if there’s any. Thank you
u/FiiveM — 8 days ago