Submitted by FunElephant7 t3_zxgkvn in personalfinance
FunElephant7 OP t1_j206env wrote
Reply to comment by nkyguy1988 in Please help me understand my aunt's car loan by FunElephant7
Thanks for your answer!
Definitely not expecting to get what was paid for it. Just minimizing losses.
Understood regarding the interest calculation being yearly and based on the principal decreasing.
Yeah, pretty sure my aunt didn’t read into what she was buying closely enough. Wish she had.
Viewing a single comment thread. View all comments