This is important when purchasing a vehicle to make sure you can afford the vehicle should something happen to your income. Plan appropriately and you won't have to deal with that hassle. If any car salesman tries to suggest returning the vehicle should you not be able to make the payments, just remember you don't need this negative listing hurting your credit score for seven years.
P.S. here is a link from Experian saying exactly what is in this post.
Hey nice post, Yes you narrated a valid point. I used to pay my car debt in time even my credit score is very low by getting a Bad Credit Loans only because not to loss my credit score.
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