Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Media
New media
New comments
Search media
Members
Registered members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Welcome to SportTrac.Org
Off Topic Discussion
Just Bought My First Home
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Ford SportTrac Forum:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Thomas Rogers" data-source="post: 866040" data-attributes="member: 60724"><p>Shaun,</p><p></p><p></p><p></p><p>Getting furniture is part of the fun. There are still some furniture stores that have nothing down, pay no interest for a year or so. I recommend using them IF you are good a budgeting and can make the needed monthly payments (interest free) so that the balance is paid off before the interest rate (which is a balloon at that point) kicks in. We bought a lot of stuff like that when we moved into our new home 11 years ago.</p><p></p><p></p><p></p><p>HOWEVER, you if you go that route and plan to get a number of "no interest for x month" purchases, you might want to open such accounts AFTER you are approved for your mortgage so as not to raise any credit "red flags". And, as I said, don't get in over your head.</p><p></p><p></p><p></p><p>I know buying on credit seems like a bad idea to many these days. But if you are responsible, and budget properly, you can use "other people's money" for more than a year, and pay absolutely no interest.</p><p></p><p></p><p></p><p>Good luck!</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 866040, member: 60724"] Shaun, Getting furniture is part of the fun. There are still some furniture stores that have nothing down, pay no interest for a year or so. I recommend using them IF you are good a budgeting and can make the needed monthly payments (interest free) so that the balance is paid off before the interest rate (which is a balloon at that point) kicks in. We bought a lot of stuff like that when we moved into our new home 11 years ago. HOWEVER, you if you go that route and plan to get a number of "no interest for x month" purchases, you might want to open such accounts AFTER you are approved for your mortgage so as not to raise any credit "red flags". And, as I said, don't get in over your head. I know buying on credit seems like a bad idea to many these days. But if you are responsible, and budget properly, you can use "other people's money" for more than a year, and pay absolutely no interest. Good luck! TJR [/QUOTE]
Insert quotes…
Verification
Post reply
Welcome to SportTrac.Org
Off Topic Discussion
Just Bought My First Home
Top