Quote:
Originally Posted by Kenswing
For us it came down to how much I valued a peaceful household.  I'm debt-averse. My wife is downright debt-phobic. When we built our house here we took out a mortgage simply as a hedge in case our home in WA didn't close as planned. We had a 3.1% rate. Within two months my wife was asking when we were going to pay it off. At four months I couldn't take it anymore.  So yes. I understand I lost the opportunity on a lot of money but I get to live a blissful existence because of it.
But she was okay with us taking out a car loan. Because we have no payments our credit score has suffered. One thing she prides herself on was her credit score. I'm sure as soon as her score is back where she wants it I'll be hearing the same toon to pay off the car too. |
Ha! We were exactly the same, our credit score hovered around 820 no matter what we did to try to raise it, we bought a new car and had a loan on it to try to boost the credit score a little. After the 3rd month of making payments we paid it off because the feeling of owing money is way worse than an 820 score.