Purchased Car but Still Not Able to Reach Goal (VB Essentials)

Modified on Mon, 8 Apr at 11:04 AM

In the Fixing Your Credit lesson of our Personal Finance simulation you acquired a vehicle, as per the instructions, but the simulation continues to run and you never reach the goal.


This usually the result of one of the two aspects of the goal not being met.  The first aspect is the vehicle must be purchased and not leased.  The second is that the interest rate of your loan must be 9.25% or lower.  Even if the vehicle is purchased, if the interest rate is above 9.25% then the simulation will continue.


To see if this is why you have not reached the goal, you may go to File > Action Journal and see how the vehicle was acquired and what your loan rate is.

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