She financed the full purchase price without paying cash upfront. ⚠️ The Trade-offs She Faced (The Cons)
The higher interest rate made her monthly payments larger. can you use a personal loan to buy a car
Personal loans let you buy any car, from any seller, with no age or mileage restrictions on the vehicle. She financed the full purchase price without paying
You will almost always pay more in interest compared to a standard auto loan. from any seller
She needed good credit to get approved for an unsecured loan of that size. 📌 Key Takeaways
She applied online, was approved for the $12,000 based on her strong credit score, and the lender deposited the cash directly into her checking account within 48 hours.