What if your vehicle is basically a lemon (and no longer on warranty)? My girlfriend’s vehicle keeps messing up every month and she’s thought about surrendering it.

So when making a principal payment you have to pay the required monthly payment as well correct?

Say I invest with fidelity and the firm collapses, do I lose all my assets or I can transfer my assets to vanguard or jp Morgan?

So if I don’t pay the interest it’ll go down just by paying the principal

Super good super good

2:34 wtf lol

Hello bro,are you okay ? Need some advice . God Bless 🙏

Excellent video! You kept it simple, to the point, and visually walked us through how to open a brokerage account. I've subscribed.

Thank you so much!!

Made my first principal only payment and they still want me to pay my regular monthly payment. So do I pay both or every month just only make a principal only payment?

The advice about making principal only payments was absolute game for me. I made a decision in panic after totaling my previous car and am regretting it so bad! I planned on paying 500 more per month but didn’t realize that I should put it toward the principal. THANKS SO MUCH!

Just apply when they're hiring. I applied twice

Great video new subscriber here!💞🏆

Suck

This was so helpful, I just got my first car loan a month ago

You got a new subscriber! Thanks for the great info. I was making extra payments and now I’m gonna spend that extra towards the principal. So to be clear, am I still making two payments. My regular, and then the extra I would have spent toward the principal? Or do I make one payment toward the principal and my loaner applies their share of interest out of that?

What a great inspiration everything you have said is true it’s all good getting the keys it’s not until you get the car and your in your own you then start thinking about what you have then you have to think about getting out of the Det. Did you keep the truck or did you buy another one? And do the same thing? Being able to pay it off can also be a curse then you think you can up grade and do it again😂😂 thanks for the video 👏🏽👍🏽🤜🏽

Thank ❤you so much so helpful

Im not so good in math like i used to be back in high school but my loan was $8,323 i paid the monthly $219 and $104 principal yet my balance is $8,094? so my total payment was $229? what happened to the $94? (this was my 1st payment)

I'm making the principal payment

I got my interview so fast

Does the equity of a car also include the interest?

about to close on my first home next month and this video just put me ahead 🔥🔥

Great video and very helpful!

Thanks

So your saying that if i volunteerily turn the car in its still seen as a repo?

Question, I'm not understanding what you are talking about. I do know to make your contract monthly payment I want to make extra principal payments. While pouring all my funds into principal . Do i stop making monthly payments ?

Sounds like that skit from the Home Boy shopping network on In Living Color (jk). Good break down man

Diamond is this gap (489 dls)insurance one pay only for every year I have my loan (5 years) Or I have to pay it every month? Or just one time only? Excuse my ignorance. I like the way you explain everything and I suscribe to your channel. Apréciate your help. 😊

What if I were to pay off my vehicle loan within the first month?

gp

I want to pay my loan in full will I still have to pay the intres

About 23k upside down.

Ima tell u a better way to oay off ur car ur house.. u takec All that money invest in selling options for premium... u take all the premiums u make weekly from selling cash secure puts and covered calls on shares u own.. and ur money is invested and all rlthe premiums ur buying more shares tocmake more money and withcthe more money ur paying more weekly.. end of the payong off the debt u still have all ur capital and shares...

Thanks brother this was very well explained. Now I know.

Very helpful!!

Wow 2024 and this helped. They should really teach people this in schools! They should teach real life things in schools! I can’t believe I’ve been making extra payments and I thinking it will pay off my loan faster. I’ll be making it towards the principal now. Thank you for this video!

Taxation is pure theft. Who ever was the first person that allowed someone to tax them ruined the world.

my onboarding is tomorrow! I appreciate all the information, brother! it def helps ease the nerves haha

Can I sell my car I owe money on and use it to buy a new car and pay the rest I owe to the bank

Hi Diamond What if you have gap insurance but your car insurance has lapsed and now the car is totaled

So I requested a 10-day payoff amount for my auto loan but it was $8 more than the present balance. So it includes all the interest plus the extra 10 days. WTF? I only have 6 more payments so shouldn't the 6 month's interest be subtracted?

if you can sell it be for the Repo that is great that will not work for most people

How about 36 month term vs let’s say a 72/84 month term with an extra payment towards principle? I know it will vary a lot with interest. Thinking about purchasing a new vehicle with a longer term and pay as much as I can towards interest.

This only works, assuming you have completely stop using the the credit cards or any other loans.

Principal payments !!!!!

Thank you

I'm finding a vehicle for the first time My payments is 400 a month. So if i wanted to make a extra payment on top of my monthly payment I call the bank and tell them to put it towards principal? Thank you

Okay I’m new to this buying a car thing and I got my car through CarMax how would I pay the principal payment do I have to call them and tell them that? Can someone help me please and explain a little better

Have a 2023 Silverado almost fully Loade anyone interested I pay rest of Balamce not full Balance