I Bought a Car With 27% Interest!

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5 • 839 Ratings

🗓️ 12 March 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.6	Danielle is on the line in Birmingham, Alabama up next. Daniel, how's it going?
0:12.8	Hey there. Thank you so much for taking my call.
0:15.2	Sure. You sound excited. We like that.
0:18.5	I am excited because I am in a tricky spot and I would love your help.
0:24.6	Rachel is specializes.
0:26.2	We can't wait.
0:28.3	What's going on, Daniel?
0:30.4	I have quite a bit of debt, but the debt that I'm focused on right now is the most pressing debt.
0:36.9	I have student loan debt, but I'm still in school. So I'm focused on right now is the most pressing debt. I have student loan debt,
0:39.1	but I'm still in school. So I'm kind of pushing that to the side because this debt that I'm
0:43.6	in is about 16,000 and it's more pressing. It consists of my car loan and then a few smaller
0:52.0	things, a credit card that's at 865.
0:55.7	I have a small dental bill that is interest free of 340,
1:00.6	and then a small bill from school that's 130.
1:05.8	I'm getting roughly $5,000 back from my tax return.
1:11.5	It's also important to know that my car loan is at 27% interest rate.
1:20.0	George, George, just comes through up a little bit.
1:21.6	Hold on.
1:22.0	Let's make sure he can recover.
1:23.3	You okay?
1:23.9	You okay?
	...

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