Student Loan Money.....Should I?? - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

240SX714 · 04-30-2003, 12:25 AM

First of all I owe the credit card company about $500. Currently, I have no job. So I was wondering if I should apply for student loan and payoff my credit card, then use what's left over (not much) to help me do an SR swap? Awww man, I feel so desperate!

NiteKids · 04-30-2003, 12:43 AM

The answer is no!

**West** · 04-30-2003, 12:46 AM

NO.

Credit Cards are childs of satan. I could be driving a new 350z if it wasent for Credit Cards.

Bbandit · 04-30-2003, 01:03 AM

seriously.. dont do that..
im a student myself so i know...
try to control your urges and spendings for your car..
remember.. we are students... when we graduate, thats a whole different story..
but for now.. lets stick with our stock 240s.. its fun already

fastpace · 04-30-2003, 01:55 AM

I am in the same boat as you. But don't take out a loan with the intentions of just getting a sr. Kind of careless reason to take out a loan. I am going to take out a loan for the summer to pay my school fees and pay off my credit card. If you are going to take out a loan do it for the right and responsible reason.

soulDistortion · 04-30-2003, 02:08 AM

seriously, an sr can wait. it's not important.

get your finances in order before you splurge on non-essential stuff. all loans will do is push you furthur into debt.

Bbandit · 04-30-2003, 02:10 AM

^^^^
yes.. take it from us
both of us (fastpace and me) go to the same university
and we're still driving a completely stock s13 for a while..
try to get into some events.. such as autoX (cheapest)
learn to drive your car before you mod it..
its worth it.. you should try it

edit: fastpace! get on AIM.. i sent you PM.. have you studied 305 yet?

M.Piedlourde · 04-30-2003, 10:15 AM

Quote:

Originally posted by WeST
NO.

Credit Cards are childs of satan. I could be driving a new 350z if it wasent for Credit Cards.

WeST is right. I don't even own a 240SX at this point, but I would, and it would have an SR20DET in it, if I wasn't stuck paying off all the debts I managed to build up "when I was stupid". Don't be that guy. You will -seriously- regret it down the road if you sink yourself into heavy debt.

uiuc240 · 04-30-2003, 11:54 AM

BAH! Don't listen to them. Last year I took out a little more of a loan than I really needed and paid for the SR. With the rest, I paid my rent, my CC bills and some other shiz. If you want the SR, go for it. You get TEN YEARS to pay back the student loans. Even if you have $30k stacked up in loans after school, your monthly payments are only like $300. That's easy. And you'll be able to start loving the SR right away.

Futch the other advice.

Eric

russian · 05-01-2003, 11:19 PM

na. you want least amount of debt after school.

how much you have left? im about to take a loan to finish 2 more years. if you are like me, dont take your loans towards SR wait till you graduate, then youll have tona ca$h to blow on anything ya want.

SimpleS14 · 05-01-2003, 11:54 PM

If you get caught using a school loan for something not academic related (school fees) you will be so f*cked. Don't do it...esspecially if its for your car. What the hell would you do if you blew your SR or you had an accident and f*cked up your car?

Seriously.....don't live and work for the car.

Jim96SC2 · 05-02-2003, 03:15 PM

Damn, I'm glad they overcharged me and gave me a fat near $1,000 check. It allowed me to free up some cash to buy more **** I didn't need. Seriously though, think about your monetary situation. I know that I can pay off wat I take out pretty quickly. Don't get into a heap of debit and not be able to get out of it. my debts are only like 6,200 right now.

It's a judgement call. It's good to save and and be frugal, but on the other hand it's good to be young. If you have a full/part time job or rich parents then get the SR and live it up if thats what you want. If not then save the old fashioned way, take about a half of a loan for your SR and have the other half saved up. Best of both worlds.

boro240 · 05-02-2003, 03:21 PM

this past year my parents paid for tuition, but i got financial aid. they were paid back and i had extra cash (a little over $1k each semester). i used it to fix my car, pay for gas, and a few things for myself. ill owe it back later, but some things were needed cause i dont have a job right now (namely gas money). id advise to plan things out thuroughly before borrowing any money.

logo20 · 05-02-2003, 04:38 PM

I think you should get a job. how hard can that be?

Jim96SC2 · 05-02-2003, 04:55 PM

I agree.... Slacker!

SilviaDriver · 05-02-2003, 05:31 PM

i know mccdonalds is always hiring

240SX714 · 05-03-2003, 12:56 AM

yea....i've been slacking BIGTIME! The reason why i wanna buy it so badly is because my friend bought a 91 mr2 turbo recently, and of course i test drove it....one thing leads to another, it just re-ignites my thirst for turbo! I think about it constantly, can't stop. Me and my dad had a talk today, he won't be supporting me anymore after this semester, that means i have to find a job quick. So anyways, yea still considering the SR, but seems kind of difficult right now

s13silady · 05-03-2003, 01:44 AM

if money is a big problem.. hold things off... unless they are bills or summin.... but dont pay for a debt with another loan... then youll just owe for that....
try for a grant at least.. lol..
i know a lot of people that did that and are now in debt up to theire heads or bankrupt...

*ryan

syco3d · 05-03-2003, 09:25 AM

I'm thinking of applying for a little *extra* $$$ this summer so I can go KA-T. I prolly just end up using it to plain replace my KA w/out a turbo. (175,000 hard driven miles).

Too many Tegs and GSTs kicking my ass. ...Must...Have...Turbo...

04-30-2003, 12:25 AM	#1
240SX714 Zilvia Member Join Date: Jun 2002 Posts: 184 Trader Rating: (0) Feedback Score: 0 reviews	Student Loan Money.....Should I?? First of all I owe the credit card company about $500. Currently, I have no job. So I was wondering if I should apply for student loan and payoff my credit card, then use what's left over (not much) to help me do an SR swap? Awww man, I feel so desperate!

04-30-2003, 12:46 AM	#3
West OMNOMNOMNOM Join Date: Dec 2000 Location: Denver, CO Age: 40 Posts: 6,456 Trader Rating: (0) Rides Gallery: West Feedback Score: 0 reviews	NO. Credit Cards are childs of satan. I could be driving a new 350z if it wasent for Credit Cards. __________________ West - Zilvia.net - Toyobaru.net - NapkinSketch.com

04-30-2003, 01:03 AM	#4
Bbandit Post Whore! Join Date: Mar 2002 Location: Texas and now Jakarta Age: 39 Posts: 2,674 Trader Rating: (0) Rides Gallery: Bbandit Feedback Score: 0 reviews	seriously.. dont do that.. im a student myself so i know... try to control your urges and spendings for your car.. remember.. we are students... when we graduate, thats a whole different story.. but for now.. lets stick with our stock 240s.. its fun already __________________ ==>>TGL GARAGE<<==.. RIP! S13 coupe KA-T @ 0.5 Bar = SOLD! A31 Cefiro + SR = Current

04-30-2003, 01:55 AM	#5
fastpace Zilvia Addict Join Date: Jul 2001 Location: Houston, TX Age: 39 Posts: 689 Trader Rating: (0) Rides Gallery: fastpace Feedback Score: 0 reviews	I am in the same boat as you. But don't take out a loan with the intentions of just getting a sr. Kind of careless reason to take out a loan. I am going to take out a loan for the summer to pay my school fees and pay off my credit card. If you are going to take out a loan do it for the right and responsible reason. __________________ life is what you make of it!!!! "well, I go out, I do the practice, I think about it and I concentrate on one small thing I can change that will have an effect. I make that change then I go out and drive to my maximum." -Ayrton Senna

04-30-2003, 02:08 AM	#6
soulDistortion Zilvia Member Join Date: Jan 2002 Location: Virginia Beach Posts: 242 Trader Rating: (0) Feedback Score: 0 reviews	seriously, an sr can wait. it's not important. get your finances in order before you splurge on non-essential stuff. all loans will do is push you furthur into debt. __________________

04-30-2003, 12:43 AM	#2
NiteKids BANNED Join Date: Feb 2002 Location: Socal Posts: 1,223 Trader Rating: (0) Feedback Score: 0 reviews	The answer is no!

04-30-2003, 02:10 AM	#7
Bbandit Post Whore! Join Date: Mar 2002 Location: Texas and now Jakarta Age: 39 Posts: 2,674 Trader Rating: (0) Rides Gallery: Bbandit Feedback Score: 0 reviews	^^^^ yes.. take it from us both of us (fastpace and me) go to the same university and we're still driving a completely stock s13 for a while.. try to get into some events.. such as autoX (cheapest) learn to drive your car before you mod it.. its worth it.. you should try it edit: fastpace! get on AIM.. i sent you PM.. have you studied 305 yet? __________________ ==>>TGL GARAGE<<==.. RIP! S13 coupe KA-T @ 0.5 Bar = SOLD! A31 Cefiro + SR = Current

04-30-2003, 11:54 AM	#9
uiuc240 Nissanaholic! Join Date: Apr 2002 Location: Naperville, IL Age: 42 Posts: 2,093 Trader Rating: (0) Feedback Score: 0 reviews	BAH! Don't listen to them. Last year I took out a little more of a loan than I really needed and paid for the SR. With the rest, I paid my rent, my CC bills and some other shiz. If you want the SR, go for it. You get TEN YEARS to pay back the student loans. Even if you have $30k stacked up in loans after school, your monthly payments are only like $300. That's easy. And you'll be able to start loving the SR right away. Futch the other advice. Eric __________________ 2002 Mazda Protege5 1989 S13 w/SR20DET (sold)

05-01-2003, 11:19 PM	#10
russian Zilvia FREAK! Join Date: Jan 2003 Location: Dallas TX Age: 38 Posts: 1,336 Trader Rating: (0) Feedback Score: 0 reviews	na. you want least amount of debt after school. how much you have left? im about to take a loan to finish 2 more years. if you are like me, dont take your loans towards SR wait till you graduate, then youll have tona ca$h to blow on anything ya want. __________________ I must break you.

05-01-2003, 11:54 PM	#11
SimpleS14 Post Whore! Join Date: Feb 2002 Location: Philly Age: 38 Posts: 9,185 Trader Rating: (0) Rides Gallery: SimpleS14 Feedback Score: 0 reviews	If you get caught using a school loan for something not academic related (school fees) you will be so fcked. Don't do it...esspecially if its for your car. What the hell would you do if you blew your SR or you had an accident and fcked up your car? Seriously.....don't live and work for the car. __________________ *Goals are dreams with a deadline.* L.H.O.O.Q.

05-02-2003, 03:15 PM	#12
Jim96SC2 Zilvia Junkie Join Date: Apr 2002 Location: Long Island, NY Age: 39 Posts: 405 Trader Rating: (0) Feedback Score: 0 reviews	Damn, I'm glad they overcharged me and gave me a fat near $1,000 check. It allowed me to free up some cash to buy more **** I didn't need. Seriously though, think about your monetary situation. I know that I can pay off wat I take out pretty quickly. Don't get into a heap of debit and not be able to get out of it. my debts are only like 6,200 right now. It's a judgement call. It's good to save and and be frugal, but on the other hand it's good to be young. If you have a full/part time job or rich parents then get the SR and live it up if thats what you want. If not then save the old fashioned way, take about a half of a loan for your SR and have the other half saved up. Best of both worlds. __________________ Swap DONE: 40K Redtop, Greddy Turbo extension, Greddy DP, Greddy V-SPL FMIC, Greddy Hotpipe, HKS SSQV, Koyo Radiator, Toda Ultralight FW, Spec Stage 2 Clutch, ATS 2-way Diff., Rice-Boy Red Air Filter.

05-02-2003, 03:21 PM	#13
boro240 Zilvia FREAK! Join Date: Jan 2003 Location: Tucson, AZ Age: 36 Posts: 1,324 Trader Rating: (0) Feedback Score: 0 reviews	this past year my parents paid for tuition, but i got financial aid. they were paid back and i had extra cash (a little over $1k each semester). i used it to fix my car, pay for gas, and a few things for myself. ill owe it back later, but some things were needed cause i dont have a job right now (namely gas money). id advise to plan things out thuroughly before borrowing any money.

05-02-2003, 04:38 PM	#14
logo20 Zilvia Junkie Join Date: Apr 2002 Location: Houston, TX Posts: 345 Trader Rating: (0) Feedback Score: 0 reviews	I think you should get a job. how hard can that be? __________________ http://community.webshots.com/user/logo20

05-02-2003, 04:55 PM	#15
Jim96SC2 Zilvia Junkie Join Date: Apr 2002 Location: Long Island, NY Age: 39 Posts: 405 Trader Rating: (0) Feedback Score: 0 reviews	I agree.... Slacker! __________________ Swap DONE: 40K Redtop, Greddy Turbo extension, Greddy DP, Greddy V-SPL FMIC, Greddy Hotpipe, HKS SSQV, Koyo Radiator, Toda Ultralight FW, Spec Stage 2 Clutch, ATS 2-way Diff., Rice-Boy Red Air Filter.

05-02-2003, 05:31 PM	#16
SilviaDriver Post Whore! Join Date: Jun 2002 Location: San Jose, CA Age: 36 Posts: 5,514 Trader Rating: (2) Rides Gallery: SilviaDriver Feedback Score: 2 reviews	i know mccdonalds is always hiring

05-03-2003, 12:56 AM	#17
240SX714 Zilvia Member Join Date: Jun 2002 Posts: 184 Trader Rating: (0) Feedback Score: 0 reviews	yea....i've been slacking BIGTIME! The reason why i wanna buy it so badly is because my friend bought a 91 mr2 turbo recently, and of course i test drove it....one thing leads to another, it just re-ignites my thirst for turbo! I think about it constantly, can't stop. Me and my dad had a talk today, he won't be supporting me anymore after this semester, that means i have to find a job quick. So anyways, yea still considering the SR, but seems kind of difficult right now

05-03-2003, 01:44 AM	#18
s13silady Nissanaholic! Join Date: May 2002 Location: Bay Area, San Jose Posts: 1,804 Trader Rating: (0) Feedback Score: 0 reviews	if money is a big problem.. hold things off... unless they are bills or summin.... but dont pay for a debt with another loan... then youll just owe for that.... try for a grant at least.. lol.. i know a lot of people that did that and are now in debt up to theire heads or bankrupt... *ryan

05-03-2003, 09:25 AM	#19
syco3d Zilvia Junkie Join Date: Dec 2002 Location: Topeka, Ks Age: 37 Posts: 363 Trader Rating: (0) Feedback Score: 0 reviews	I'm thinking of applying for a little extra $$$ this summer so I can go KA-T. I prolly just end up using it to plain replace my KA w/out a turbo. (175,000 hard driven miles). Too many Tegs and GSTs kicking my ass. ...Must...Have...Turbo... __________________ Gimme a "A"! Gimme a "P"! Gimme a "C"! What does that spell? CRAP!

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