As we enter the summer months, there are car deals popping up left and right. The most attractive ones are for 0% financing on a new ride. For example, you pay 0% interest on a loan length up to 72 months! Think about that, you get to keep your own money and spend the bank’s money for 6 years without a cost to you. How much would I suggest you put as a down payment on this new car? The answer in most cases is a big, fat zero. The less money out of your pocket, the less risk you are taking.
From automobile financing to home refinancing, in uncertain times, every opportunity to reduce risk is worth exploring. If you’re not sure where to look for your risks, or where to start, we’re always here to help. 🙂
Happy Friday! Stay healthy and be safe!