this post was submitted on 08 Oct 2025
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[–] Trainguyrom@reddthat.com 1 points 23 hours ago

My first car loan had a 26% interest rate. Over that 36 month loan I would have literally paid over twice the total value of the loan if I didn't refinance it after 6 months.

I learned a lot through the mistakes I made that day and have endeavored to not repeat any of those mistakes (and so far I haven't!)