I was wondering who, if any one, has charged a turbo kit, stage 2, on their credit card. I was wondering who much the min. payments are. My email is crslaw21@aol.com, if you want to email me.
#22070, "RE: All Turbo owners please check!!!" In response to Reply # 0
well my stage 2 was 2000. but my minimum payments are about 50 bucks i do believe. but i pay more than that
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#22071, "RE: All Turbo owners please check!!!" In response to Reply # 0
it depends on your interest rate on the card. most of the time the minimum payment is a certain percentage of your balance. most of the time it is only a few dollar more than the amount of interest that will be applied that month. (thats how credit can get you in trouble) if you have a 2500 dollar and a 15% interest rate, divide the 15% by 12 (months) which comes out to .0125 that figure is mutiplied by the average daily balance (balance you have every day of the billing period added then divided by the days in the period). so say your average balance for the month was 2500 , times that by .0125, your finance charges for the month would be roughly 31.25. any your minimum payment would probably be between 35 and 50 a month. so if you made a 50 dollar payment, only about 20 bucks of that would actually go towards your balance, the rest would just be paying for the finance charges. hope this helps :-P
#22072, "RE: All Turbo owners please check!!!" In response to Reply # 2
I charged my hrc II and bought a bov and egt gauge set.... my payments were 60 dollars.. but I made a 1800 dollar payment instead hehe... and thats gold with 5 percent interest.
Hey do any of you guys know how much of a credit line I would have with platnum... I mean a range of credit I could be looking at with good credit?
#22073, "RE: All Turbo owners please check!!!" In response to Reply # 3
>I charged my hrc II and bought a bov and egt gauge set.... >my payments were 60 dollars.. but I made a 1800 dollar >payment instead hehe... and thats gold with 5 percent >interest. > >Hey do any of you guys know how much of a credit line I >would have with platnum... I mean a range of credit I could >be looking at with good credit?
Most platnum cards are around 5000 dollar limit. I got one, and it really sucks. Dont get a limit that high, trust me. You will regret it if you cant make big payments, or if your like me, spend too much money
13.5 @108 MPH-2.2 60ft(stupid FWD!) S16G @ 18 PSI/FMIC/Running on MegaSquirt II (Now with sequential fuel injection) My webpage: http://eclipsed4evr.home.comcast.net -1998 Mitsubishi Eclipse RS-T- "Toy" -1992 Plymouth Laser Turbo AWD(SOLD) -2000 Honda CR-V(daily)
#22075, "RE: All Turbo owners please check!!!" In response to Reply # 5
Thanks for the replys. I just would rather do it this way, rather then try to save up for it b/c I know that it would be spent before I ever got a turbo.