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The Ramsey Show

Getting Your House In Order Is The First Step To Financial Success

2643.339 - 2670.294 Michael

He was living with his mom, and the truck that we had bought was $30,000. We got a loan, put five down. He owed $25,000, or we owed $25,000. And I just got a statement from them, and this has been a couple years now, that there is still $25,000 left. And so what happens is he doesn't make any payments. They threaten to take it. He makes a big payment, you know, to give him off his back.

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