I dont want to lose her....I need to finance my 03 wrx with salvage title

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Old May 5, 2007 | 10:09 AM
  #1  
madmax03's Avatar
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Unhappy I dont want to lose her....I need to finance my 03 wrx with salvage title

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I dont want to lose her
I need to finance my 03 wrx with salvage title.
let me know if you know any bank that will finance my car.
Old May 5, 2007 | 10:11 AM
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Try a credit union. KeyPoint is a local one.
Old May 5, 2007 | 10:17 AM
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Find a credit card with large limit and 0% for balance transfers/checks. Request a check (make sure its for 0%) and deposit it into your bank account. Then pay for the car.

I did this with my wrx and am saving over $1000 in intrest payments. Plus I have the title. Before the 0% runs out, play the balance transfer game and find another 0% card....wash, rinse, repeat.

*Disclaimer*

This is ONLY for the Financially Savvy!!

If you screw up you may end up with 20% + rates!
Old May 5, 2007 | 10:53 AM
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^^^

do that... it worked for me (- the salvage title part)
Old May 5, 2007 | 11:14 AM
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late one payment though, and you'll be paying 30% faster than you can say sh**!
Old May 5, 2007 | 11:43 AM
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Yeah, if you f**k up dont come crying to me!

Old May 5, 2007 | 01:39 PM
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Been playing that transfer game for years. It's how I financed my new car! Yeah, just don't miss a payment or the rates will go through the roof.
Old May 5, 2007 | 03:54 PM
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hey can anyone explain a little bit more what subie ocd was saying about the o% interest check and balance transfers?
Old May 5, 2007 | 04:26 PM
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If you don't understand (he basically explained the whole process), you don't want to do it. You'll just F up and go into debt.
Old May 5, 2007 | 05:04 PM
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the problem with this is that most younger people don't have credit and will only get a card with like, 5000 instead of 20000 in the credit limit.

And a lot of younger folks will have trouble meeting credit requirements for better cards, to keep on cycling this thing year after year.
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