Ferdinand is comparing two options for borrowing money for a ski trip. Ferdinand uses the car to make pizza deliveries which is his main job. Which of these options should he AVOID if he’s not sure he can pay the money back?Select answer from the options belowA payday loan at 390% APR which is due in two weeks.A title loan on his car.A personal loan from a credit union.A new credit card.
Question
Ferdinand is comparing two options for borrowing money for a ski trip. Ferdinand uses the car to make pizza deliveries which is his main job. Which of these options should he AVOID if he’s not sure he can pay the money back?Select answer from the options belowA payday loan at 390% APR which is due in two weeks.A title loan on his car.A personal loan from a credit union.A new credit card.
Solution
Para determinar cuál opción debe evitar Ferdinand si no está seguro de poder devolver el dinero, analicemos cada una de las opciones:
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Un préstamo de día de pago con un APR del 390% que vence en dos semanas:
- Los préstamos de día de pago suelen tener tasas de interés extremadamente altas.
- Un APR del 390% es muy elevado y puede resultar en una deuda difícil de manejar si no se paga a tiempo.
- Además, el plazo de dos semanas es muy corto, lo que aumenta el riesgo de no poder pagar a tiempo y acumular más intereses y cargos.
-
Un préstamo con garantía sobre su coche:
- Un préstamo con garantía sobre su coche (préstamo de título) implica que si no puede pagar el préstamo, podría perder su coche.
- Dado que Ferdinand usa su coche para su trabajo principal de hacer entregas de pizza, perder el coche tendría un impacto significativo en su capacidad para generar ingresos.
-
Un préstamo personal de una cooperativa de crédito:
- Los préstamos personales de cooperativas de crédito suelen tener tasas de interés más bajas y términos más flexibles.
- Las cooperativas de crédito también tienden a ser más comprensivas y pueden ofrecer opciones de pago más manejables.
-
Una nueva tarjeta de crédito:
- Las tarjetas de crédito pueden tener tasas de interés altas, pero generalmente no tan altas como los préstamos de día de pago.
- Además, las tarjetas de crédito ofrecen más flexibilidad en términos de pagos mínimos y plazos.
Dado que Ferdinand no está seguro de poder devolver el dinero, debe evitar las opciones que tienen consecuencias severas y tasas de interés extremadamente altas. Por lo tanto, la opción que debe evitar es:
Un préstamo con garantía sobre su coche.
Perder su coche afectaría directamente su capacidad para trabajar y generar ingresos, lo cual sería muy perjudicial para su situación financiera.
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