Dave Ramsey Caller Says He's Paying $800 A Month In Interest On A $60,000 RV Loan At 18% For 15 Years. 'Wow. Why'd You Do That?'
Yahoo Finance·2025-11-10 07:31
A 20-year-old truck driver from Indianapolis called into “The Ramsey Show” this week to share his financial nightmare, an RV loan with sky-high interest that's costing him hundreds in wasted payments every month. A Costly Lesson In High-Interest Debt The caller, Jack, told hosts Ken Coleman and Jade Warshaw that he financed a $60,000 RV on a 15-year loan at 18% interest. He admitted it was supposed to be a temporary housing solution while saving for a home, but it quickly turned into a trap. "The intere ...