What is the ISLAMIC ruling of taking a car loan?

[Mr.Haggis]

Yep. Honda accord 2015 Super red color (or maroon?)

Ayeeyo these are great signs that you are a classic.

 

[Mr.Haggis]

Yep. Honda accord 2015 Super red color (or maroon?)

How much?

 

[Basra]

How much?

I cant list the amount as it gives me headache. literally will take everything i saved!

 

[jamal9]

ayeeyo are you going to throw a block party in celebration of your new car?

 

[KobeBryant]

I noticed Somali niggas 20-45 be drivin the cleanest cars in MN cause they lease there cars.

 

[sanger]

If you can't afford the car without credit that you can't afford it period.

 

[sanger]

Big companies like Toyota offer 0% APR on their new car loans.

That sounds like a red hot deal. What country do you live and how long is the initial interest free period ?

 

[kickz]

That sounds like a red hot deal. What country do you live and how long is the initial interest free period ?

USA, it goes for 5 years.

 

[mrlog]

i did the calculation, if i continue to pay monthly, the total price will change with a surplus of 1500.00 going to the bank, but if i pay it early, i will only pay the amount agreed upon. So the bank depends on me paying monthly until agreed time. No penalty for paying it off early. I will pay it off on my first bill, that way, i can get what i want.

1) it will immediately reflect on my credit score that i paid my loan quickly

2) of course saved myself from dhembi

I beg to differ walaalo
Paying off credit too quickly has a bad effect on ur credit score.
They prefer if u pay the agreed amount regularly.

Think of it this way, would @Reiko be happy if u paid the hagbad all at once?
I doubt it, couse it would defeat the whole purpose

 

[Basra]

I beg to differ walaalo
Paying off credit too quickly has a bad effect on ur credit score.
They prefer if u pay the agreed amount regularly.

Think of it this way, would @Reiko be happy if u paid the hagbad all at once?
I doubt it, couse it would defeat the whole purpose

Look at this way-- if u have a credit card, u go buy something expensive, large amount and then pay it off in your next bill. U r showing the credit card company u r paying your bills


Next time u will get a letter saying they have increased your credit line

 

[TheAnswer]

It's not sunnah if you don't pay gold dinars for it and if said car is not in fact a camel

 

[VixR]

Basra, you need multiple, on-time payments to make a dent in your credit score going up.

One mass payout on the first bill isn’t going to do much. They’re looking for consistency.

 

[Basra]

Basra, you need multiple, on-time payments to make a dent in your credit score going up.

One mass payout on the first bill isn’t going to do much. They’re looking for consistency.

Hayee thanks for your input....

 

[mrlog]

Hayee thanks for your input....

Wait a minute.
I said exact shiz @VixR said yet u dismissed me
Basra are u a FemiNazi now?
Or maybe it’s the way she eloquently laid it out

 

[AussieHustler]

Dear Sheikh

I know the proceeds of welfare money that I receive is from the taxes collected by all kinds of Haram businesses including RIBA making businesses like the banks and other financial institutions, alcohol production and sellers, bars (straight and lgbtq bars), legal filmmaking houses and distributors, strip joints, brothels, gambling places and many more un-Islamic businesses. This is the type of income I receive as a single mother of six children, why can’t I buy a car on riba?

Thanks in advance.

Kind Regards

Basra laba suuleey

 

[Basra]

@PhySom what is funny huuno?

 

[PhySom]

@PhySom what is funny huuno?

You worrying about interest on a car loan



This is why Muslim families are broke , they can't manage their finances and grow.

 

[Basra]

You worrying about interest on a car loan



This is why Muslim families are broke , they can't manage their finances and grow.

I am afraid to go to Hell huuno

 

[PhySom]

I am afraid to go to Hell huuno

If you go to hell for taking a car loan payment , God must live the rich. Only the rich could afford cash on the spot.

Then again.... God has made the earth a paradise for the rich.

 

[Basra]

If you go to hell for taking a car loan payment , God must live the rich. Only the rich could afford cash on the spot.

Then again.... God has made the earth a paradise for the rich.

I reject your energy.