Just want to get someone else's thoughts on this:
I secured a loan at 3% interest at my credit union, its the best rate i've seen and was happy with that...I am putting 50% down on it, so payments and interest are not that bad.
But when I got home and talked with my wife, my mother-in-law offered to give me a 'personal loan' to pay for the Bronco, and I would just make payments to her/shared account, instead of the credit union.
What are your thoughts? To strange? I don't usually like to mix family and money...but it would save me a few $$ on interest.
I secured a loan at 3% interest at my credit union, its the best rate i've seen and was happy with that...I am putting 50% down on it, so payments and interest are not that bad.
But when I got home and talked with my wife, my mother-in-law offered to give me a 'personal loan' to pay for the Bronco, and I would just make payments to her/shared account, instead of the credit union.
What are your thoughts? To strange? I don't usually like to mix family and money...but it would save me a few $$ on interest.
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