Great news! I owe $325.87 on my RAV4, a total of $22, 226.04 in 13 months, and this balance is scheduled for a payoff on July 1st. I have to thank the VA benefits which enabled me to knock out my goal to pay off this car within a short time. Beyond grateful! Financial freedom is a foreign concept to me. I had to learn a few lessons the hard way on this journey. By the time I received 99k miles on my Camry, it was time to trade in before the warranty, the balance was $11k; therefore, I took out another loan to cover the balance and cost of the new vehicle. Fortunate to refinance for a lower interest rate (4 % point) 15 months ago which enabled me to knock out a few other outstanding bills. Looking forward to receiving the title in the mail. Life is good! Blessings in sobriety – financial freedom.
“Debt is not a tool; it is a method to make banks wealthy, not you. The borrower truly is slave to the lender.” — Dave Ramsey