Oklahoma Man Owes $51K on RAM Truck with $1.1K/month Payment

1 min read
Source: Yahoo Finance
Oklahoma Man Owes $51K on RAM Truck with $1.1K/month Payment
Photo: Yahoo Finance
TL;DR Summary

Taylor from Oklahoma City is struggling with $51,536 in debt on his RAM truck, with a monthly payment of $1,126, in addition to mortgage and motorcycle debt. Caleb Hammer advises him to sell the truck to improve his financial situation, as a substantial portion of the loan is going towards interest. Hammer also recommends boosting income by considering alternative work options, but cautions Taylor to consult an expert regarding potential impacts on his VA disability benefits.

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