Submitted by octotron3000 t3_10p3dhx in personalfinance
octotron3000 OP t1_j6n0kq5 wrote
Reply to comment by iluvcats17 in I have a financed car and less than 30 days before navy basic training. by octotron3000
Figuring out a new car was a scam was my final straw to make me want to join, I want financial dependence and the guidance to make the right decisions. I'm tired of being a stupid civilian.
iluvcats17 t1_j6n7gl1 wrote
That is good to hear that you are changing your money mindset. I would just continue making the minimum payments for now. Once you receive your enlistment bonus, pay down your loan to what you can sell the car for. Then sell your car.
octotron3000 OP t1_j6nw72a wrote
I think this is going to be my best option and also the last time getting a loan for anything, I'm ready to simplify my life, I can't wait for the options I get from the military, thank you for your suggestions. I hope I never need to make a post like this again.
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