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SVTPerformance's Chain of Restaurants
Road Side Pub
Need financial debt advice(paying off)
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<blockquote data-quote="Common" data-source="post: 10105086" data-attributes="member: 51809"><p>You have no reason to panic. I don't know your income status but your credit cards are not nearly as brutal as most I see. If you can't get rid of cars for a payoff or damn near close to it, stay with them for the time being and pay off the smallest card first.</p><p></p><p></p><p>Here is another scenario you might like a lot.</p><p></p><p>How about you trade your cars in on cheaper cars, cars with 10k to 15k(each) in value. Since it's hard to walk into a dealer and have them just pay off your loan without you being "in" with them for something else or another sale. You trade the more expensive BMW to the dealer for something cheaper(say a 2009 nissan sentra or versa) which can be had for 12 to 14k and tell the dealer the only way deal will work is to pay off your vehicle you are trading in on the nissan(or whatever you choose).</p><p></p><p>I have seen a person do this and it worked well for them. Traded in a C6 for a Malibu and he was breathing a lot easier for a while.</p><p></p><p>What are the miles on the cars if you don't mind?</p></blockquote><p></p>
[QUOTE="Common, post: 10105086, member: 51809"] You have no reason to panic. I don't know your income status but your credit cards are not nearly as brutal as most I see. If you can't get rid of cars for a payoff or damn near close to it, stay with them for the time being and pay off the smallest card first. Here is another scenario you might like a lot. How about you trade your cars in on cheaper cars, cars with 10k to 15k(each) in value. Since it's hard to walk into a dealer and have them just pay off your loan without you being "in" with them for something else or another sale. You trade the more expensive BMW to the dealer for something cheaper(say a 2009 nissan sentra or versa) which can be had for 12 to 14k and tell the dealer the only way deal will work is to pay off your vehicle you are trading in on the nissan(or whatever you choose). I have seen a person do this and it worked well for them. Traded in a C6 for a Malibu and he was breathing a lot easier for a while. What are the miles on the cars if you don't mind? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Need financial debt advice(paying off)
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