7-Year Car Loans
Howard Dayton and Steve Moore discuss the changes in the car industry and the negatives of a seven year car loan. Then turn to questions at 800-525-7000 and MoneyWise@Compass1.org:
- "My son is in college and we are helping with expenses. His grades are continually declining, and we are wondering if we should continue to supply financial support."
- "My husband has term life insurance, and we pay about $300/month. When he turns 76, the price will go up to $3K/month, despite the company promising years ago to never raise the price on his plan. Is there any action that can be taken here?"
- "I’m in college, and my school stated that I have a balance to pay, which I knew nothing about. They had previously told me all was paid-in-full with my scholarships and student loans. When I tried to dispute the new charge, they withheld my degree, and also gave a different reason for the remaining balance than the first time they told me. What can I do?”
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Featured Resources From MoneyWise
Don't be ruled by external financial pressures and circumstances. Our security is not found in money or possessions. A strong foundation for true financial success usually involves a change in perspective rather than in income. Biblical counselor Jim Newheiser's reflection questions and practical exercises, paired with Scripture's wisdom on financial and work-related topics, point you toward fiscal responsibility on earth and treasure in heaven. In this 31-Day Devotional, biblical counselors and Bible teachers guide you through Scripture passages that speak to specific situations and struggles, inspiring you to apply God's Word to your life in practical ways day after day. Request your copy with your gift of any amount to MoneyWise. Your generous donation helps expand our outreach to share God’s financial principles with others.