I Have 3 Different Car Loans! What Do I Need To Do?

I Have 3 Different Car Loans! What Do I Need To Do?

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• The Ramsey Show (Highlights):

[Skullo]

Dave is going to be in business forever.

[MichaelJayValueInvesting]

Dave was about to go off when he heard 85 for the credit card debt.

[enigmathegrayman]

3 cars with loans is almost as bad as having 3 different baby mamas!

[talawoods]

I'm fairly new to living debt free but even when I lived financially reckless I had enough sense to not roll negative equity into a new car loan. WHY DO PEOPLE DO THAT?

[LakeLeePrism]

Listen folks, car salesman turnover is high. When you sign on that line even for a 3yr loan, whoever hustled you is long gone after the loan matures. Think about that friends and stay smart!

[armsburg]

"How much do you owe..." "I have credit cards, a disney timeshare and medical debt." "How much do you owe?" How do people go on these calls without knowing that they are going to have to detail this stuff out.

[nuleafonlyfe]

For the life of me I will never understand how someone is okay with shelling out 4, 5, 600 dollars for sheet metal and tires 🤦🏾‍♀️

[midgebarker]

You don't own the truck. The truck owns you. I laughed when he said that. Awesomely true

[CookingLessonsforDad]

At least he has a descent income to get himself out of that mess.

[investedfemelle]

He has so much payments all his income goes to payments monthly 🤦🏽‍♀️ my goodness

[manasseh]

i have a 96 toyota camry, thank the Lord.

[AD-ytik]

Saw the title and knew it would be lit thanks Dave!

[PvtNoclass]

“I have three cars, all with loans”

“GoOd LoRd!” 😂😂😂😂🤑🤑🤑🤑

[Liveeachdaytothefullest]

I don't know why it's so hard for some people to save money every month and just pay cash for a vehicle. When you pay cash not only you own the vehicle but lets say if tomorrow you lose your job you still keep your vehicle without worrying it getting repossessed.

[momom]

Interest will eat u up
Dave's right when he says pay cash for ur cars

[dominick]

I couldn't have a penny to my name and be richer than every doctor and lawyer that calls.

[Aaron-edxs]

Dave mouthing 'truck' at 3:00 just before the guy confirms is true comedy. Its always a $50k truck!

[nkyryry]

He can get out of that. Get on it dude!!!

[Ant]

A timeshare and 3 upside down car loans....this guy makes wise choices.

[sunset]

MY CATS DON'T HAVE DEBT.
AND THEY HAVE
INCOME.
GOOD THING THEY DON'T MAKE $105K