
Originally Posted by
Melonie
technically, you're NOT actually out of debt yet... you're only CURRENT on your leased car debt. Consider setting your next goal as saving up a wad of cash so that when your present car lease runs out you can afford to buy your own car outright (or at least finance it with enough down payment such that the loan won't be underwater). When you're driving a dependable car that you don't owe payments on (or at least a car whose current market value is higher than the outstanding loan balance), THEN you'll be out of debt.
Congrats on a job well done ... so far !
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