22 years? What company would even finance it for that long? The car will barely last 10 years.
She must have been mistaken.
Predatory lending is prevalent. Some dealers will do their own financing on the basis of knowing the “buyer” is likely be unable to make the payments. When the buyer can’t make the payments the vehicle is recovered. They flip the vehicle to another person. This is more common than it appears some people are aware of. 99% have been enslaved by the wealthy 1% takes all
So they're basically renting the vehicles at insanely high premiums, while predatory, these people are still willing buyers, and made their decision based on I guess I can afford x a month and thats all the due diligence they do
Predatory is key. 🔑 Predator and prey **can** be symbiotic. See below 👇 As I’ve been both: I chose long ago to use my resources for the benefit of as much #humanity as possible. Truly. Even then: mistakes have consequences & will continue to be made. Definitely not perfect 🤣 #artstr #poetry The last living member of a genus On Earth for 65 million years Less than 1% now survive from egg to adult But hey, it’s nothing right!? They used to live to 75 years old. Now they are lucky to make it to 15 years. Hellbender salamanders Cool clear watered flowed Adapted to be a habitat specialist Bodies hidden in daylight Both #predator and #prey Symbiotic Relationships Night hunters gathered for spite Bottom dwellers crave delight Polluted night hunters seek I’m the last living member of my genus speaks Spend entire life in water Less than 1% survive from egg to adult https://nostrcheck.me/media/2aadfb8ac7d43aca6d164ed99248147910048269601ff60d4463c4d5b3abfdcd/dfc7053b8faeb33a8b3debe261acb57e291cc314687024790fc3b8d1a779174e.webp
I paid for my last car outright. So yes, I'm completely unaware of this sort of practice.
Way to justify your ignorance. Appreciated.
Glad to be of service. what's sad to me is that while the practices may be "predatory" there are so people who can't think through a basic proposal.
Go deeper.
Don't need to. Our policies have ruined people and communities. Her life is wrecked and her only hope of getting transportation has been reduced to renting her things forever. And she probably doesn't have the education to do anything about it, which was also done to her on purpose.
Policies are bad. However many in the #USA never vote for local governments nor work on civic matters. Keep the pawns fighting amongst theirselves Religion, class, race, sex, Divided caste chattel is US society We’ve bought into “freedom” ideology “Let them eat fast food.” We ignore or berate those unlike us. This keeps us constantly wrestling … USA unaware of Evil pulling the strings. Peacemakers spoke As always Powerfully silenced. —— It’s all good. It’s getting better ❤️🩹 but I hope 🤞 humanity can handle the next 10 years. Truly.
100% agree with this. Few fought back against the evil.
Not true. Many fought back & died for doing so. Writing about it now. 🤞 Truth is this: the current strike of the dockworkers should be a siren 🚨 call for the #USA WORKERS. Working on that issue now. 🤞
I doubt she or the car will see our the term of that loan
Sadly, you may be right.