My sig explained (finally..and it's a fricken' novel) - Page 9

wizardPC · 04-26-2005, 08:11 AM

Quote: Originally Posted by 0l33l

About those student loans. Have you though about refinancing them? Or taking out a loan at a lower interest rate to pay them off? Or have you already done this

I just graduated last august, and I have consolidated (which you can only do once, ever) at the lowest rates there will ever be. My interest rate is something like 3.75% right now, and it drops 1% after 30 months and another 1% 30 months after that to give me a final interest rate of 1.75%. But I don't plan on keeping them that long

0l33l · 04-27-2005, 12:38 AM

Quote: Originally Posted by wizardPC

I just graduated last august, and I have consolidated (which you can only do once, ever) at the lowest rates there will ever be. My interest rate is something like 3.75% right now, and it drops 1% after 30 months and another 1% 30 months after that to give me a final interest rate of 1.75%. But I don't plan on keeping them that long

You got a great deal on that interest rate

wizardPC · 04-29-2005, 06:28 PM

So, before I go and do something stupid:

Citibank, thou art banished!

No more credit cards, student loans are all I have left now

As of today, debt is $30,541.80

jcdillin · 04-29-2005, 06:35 PM

congrats! I know the feeling, I just got rid of sears!

BoyNextDoor · 04-29-2005, 07:02 PM

Quote: Originally Posted by wizardPC

So, before I go and do something stupid:

Citibank, thou art banished!

No more credit cards, student loans are all I have left now

As of today, debt is $30,541.80

Yayy let's party

shakes · 04-30-2005, 01:25 AM

I must say ... knocking down $4k in 4 months is damn impressive ... and then there's the fact that you took a 'break' for a few weeks.

0l33l · 04-30-2005, 01:31 AM

Quote: Originally Posted by shakes

I must say ... knocking down $4k in 4 months is damn impressive ... and then there's the fact that you took a 'break' for a few weeks.

He "cashed out a mutual fund that my grandparents set up for me when I was born but I only recently gained control over it."

R32 JUhl · 04-30-2005, 10:21 AM

Wizard, wanted to pass on some good news that might help you out. I filed for an extension with Uncle Sam and just had my accountant finish my taxes. I've got an $11,000 refund coming back - roughly a third of what I paid in taxes -, courtesy of my real estate investments. That's chump change to a lot of people and I'm not trying to brag. I'm just letting you know that there are viable solutions out there to finding other people to pay off your debt. Just cuz you ran up the debt, doesn't mean that they're aren't millions of folks willing to you pay it off for you. And no, my accountant didn't do anything illegal!

wizardPC · 05-15-2005, 02:33 PM

Due to ALL 3 OF MY CARS needing repairs in the very near future, like this week, I only made a minimum payment for june (note that the last debt adjustment was only 2 weeks ago). When I see what the damage is and/or sell some vehicles I'll get back on it hard core

Total debt as of today: $30,368.13

0l33l · 05-15-2005, 02:42 PM

Quote: Originally Posted by wizardPC

Due to ALL 3 OF MY CARS needing repairs in the very near future, like this week, I only made a minimum payment for june (note that the last debt adjustment was only 2 weeks ago). When I see what the damage is and/or sell some vehicles I'll get back on it hard core

Total debt as of today: $30,368.13

That's what happens when you get 3 american cars

wizardPC · 05-15-2005, 02:48 PM

yeah, i'm willing to agree with you at this point

eugenen · 05-15-2005, 02:48 PM

If he had 3 import cars then he would need to make repais as well as all the extra maintenance.
Why not just have one vehicle?

0l33l · 05-15-2005, 03:00 PM

Quote: Originally Posted by eugenen

If he had 3 import cars then he would need to make repais as well as all the extra maintenance.
Why not just have one vehicle?

Well, if u get 3 german cars then you're gonna be under them for weeks.

He's probably gonna get rid of a few of those cars.

wizardPC · 05-15-2005, 03:04 PM

there's a story behind why I have 3 cars....

I've had my saturn coupe since 97, and it's great and all, but theres no room to carry anything more than groceries. I recently moved, and to rent a uhaul truck and trailer to carry all my stuff and my coupe, it wouldve cost me ~$1200 plus fuel, so I bought a 1987 ford bronco for $1500 and used that to carry all my stuff and rented a trailer for about $120

The bronco made it here, and then it sorta died. So I went back to starkville and got my coupe and brough it up here. The plan was to sell both the bronco and the coupe and get a saturn station wagon since that would give me the gas mileage of the coupe and the room of the bronco.

Well, being that I have poor impulse control, my dumb *** went and bought a saturn wagon for $950 because I thought I knew what was wrong with it and could fix it for $8. Long story short, the wagon needs $2000 worth of work just to get it to pass emissions here.

In the meantime, the bronco and the coupe have been in the paper and in a trader magazine, and I've had no calls (most likely because I have a Mississippi phone number, and I'm pretty far away from MS at this point so people dont call because they dont recognize the area code). I've already spent about $95 trying to sell my various vehicles.

Yesterday I took what parts I needed to fix up my coupe (AC compressor, O2 sensors, etc) off the wagon swapped them over. Long and short of that part is that new parts didnt fix the stuff wrong with the coupe.

Anyway, this is my stupid tax. I'm going to lose a significant amount of money (relative to my current situation) on these idiot things I did to try to save me some money.

0l33l · 05-15-2005, 03:31 PM

Or you could trade in those cars for a toyota camry wagon.

Quote: Originally Posted by wizardPC

Anyway, this is my stupid tax. I'm going to lose a significant amount of money (relative to my current situation) on these idiot things I did to try to save me some money.