Personal Finance Questions and Answers

Would it be possible at 16 to win a loan?

Okay so I want to get a latest saxophone its $3,000.00 But, I want to finance it for a year. My mom will co-sign I reflect. I have a available job, and nothing affecting my credit feebly. I have a funds, and checking account. But I also hold other stuff that I am paying for. Car insurance and car payments too. What do you muse?


Answers: You would be better off abiding the money.
You have to be 18 to reasonably sign contracts. No one will give you a loan. It would hold to be in your mother's identify completely.

Been a long time since I purchase a sax, but $3K sounds like more than the typical student instrument. Do you really call for a "professional" model instrument? Back when my kids were surrounded by band, the music director advise against spending the money for professional instrument until my child graduated elevated school.

Is € 2,600 plentifully of money?

This is not my currency is this a lot of money and what is it worth contained by $ or lb ?


Answers: this is a link to a free currency convertor
You are looking at:

$3,773.26 USD
and
1,938.17 GBP

I enjoy a closed CC for $546 do I recompense it sour or wage that amount towards a greater interest rate card?

how do i best allocate the money is it better to get rid of the card symmetry on the card that is completely closed or to rate on a higher interest rate card set off that is clear. closed acct interest rate is 10.15% higher card is 21.9%


Answers: Pay past its sell-by date the higher interest rate card first.

"Closing" a credit card system two things: 1) you can't make any more charges to it (duh!) and 2) the credit card issuer can't move the terms of the contract anymore.

Credit card companies unanimously reserve the right to amend the cardholder agreement whenever they'd like. Keeping your information open imply you agree to the changes. Closing your portrayal locks in the current agreement.

Of course, if the current agreement allows them to jack up your interest rate if your settlement is late, they can still do that. So, even beside the closed account, save making those minimum payments!

When all of your credit cards are remunerated off, vow to yourself that you'll never fetch a month-to-month balance again...ever!

Good luck!
money on the higher interest rate, consequently figure out how to not use credit cars unless you can obtain a good rate. My rate is 8% right in a minute on my one card.

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