Re: payments on a tuba


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Posted by Dan on May 04, 1999 at 15:10:34:

In Reply to: payments on a tuba posted by Matt on May 03, 1999 at 21:02:31:

I am a banker. I suggest you do all you can to save the funds before. Any of the payment plans mentioned so far are VERY expensive ways to borrow money. I suggest you do some odd jobs or find a private party who is selling who will let you make payments.

If your parents have excellent credit a personal loan will be the cheapest but still expensive. I suggest they use an equity line on the house (assuming they own one) this will be the cheapest. Of course, the house is at risk if you default. Unfortunately there is no free lunch.

Good luck,


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