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loan question - probably ot, but humor me.

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Old Jan 18, 2005 | 06:20 AM
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importmonkey's Avatar
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loan question - probably ot, but humor me.

financed my ralliart and want to get some more goodies for it. does anyone know if you can add more to the total amount you got funding for? say you loaned $10k, and now you want to add an additional $5k onto it...possible?

thanks
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Old Jan 18, 2005 | 06:38 AM
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would have to get like a personal finance loan and pay a higher rate. good luck justifying that =) 2 words: credit cards
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Old Jan 18, 2005 | 06:52 AM
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Originally Posted by blk-majik
2 words: credit cards
hahaha! now, see that's why i'm paying 11.65% over 72 months!
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Old Jan 18, 2005 | 09:00 AM
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i doubt it.. if you want to refinance, you can get up to a certain % of the worth of the car..

-joe
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Old Jan 18, 2005 | 12:56 PM
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Banks won't finance mods (and mods can often, in some way, be a violation of the loan agreement, at least the non-street legal mods), they only give the loan for the exact car amount. Credit cards are your answer.
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Old Jan 18, 2005 | 01:08 PM
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11.65%!!!! damn! u dont need to finance anything else! forget the mods, build up your equity b4 ur engine =)
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Old Jan 21, 2005 | 08:31 AM
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Or build it up piece by piece and pay cash, it might be slower but you won't be in debt,. You don't want to rack up the credit card, they are almost impossible to get out from under.
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