Her husband refinanced his car and now they have a terrible APR. ‘Dealer will always be happy to refinance at 25% APR’
A Minneapolis mother of two thought her family was making steady progress, until a single financial decision quietly blew a hole in her budget. Her husband refinanced his car to take out $3,000 in cash and the move left them stuck with a crushing 25% APR. The caller, Cathy, shared her story on “The Ramsey…