In dollars, how much a HP is worth to you?
Currently I have car loan with 3% APR, I was thinking to refinance the loan and drop it to 1.99 %. This would save 160 dollars the first year and 80 dollars next year, honestly I though the HP was not worth it since the net savings were not a loot. I would probably had done it if the savings amount were more like 500 a year.
Either for a CC or a loan what’s your threshold? What’s the minimum dollar amount you are expecting to apply for a consumer loan.