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Stressed Out Drivers
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2022 Jul 27, 9:59am 440 views 9 comments
by Misc ➕follow (1) 💰tip ($0.10 in tips)
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3
Al_Sharpton_for_President
2022 Jul 27, 12:39pm
Al_Sharpton_for_President
2022 Jul 27, 12:39pm
Misc says
On time payments is a racist concept.
About 1 outta 4 didn't make last month's car payment.
On time payments is a racist concept.
6
clambo
2022 Jul 27, 3:29pm
"I know what you are; you're all repo men!" Otto.
I remember the ad for some credit repair service:
Black man: "My credit card debt was OUT Rageous!"
I always laughed, like it was something that"happened" to him, not his fault at all.
"Money talks, bullshit walks."
I would not lend a dime to someone who doesn't look like I do, even then probably not either.
It's fuck or walk pal.
I remember the ad for some credit repair service:
Black man: "My credit card debt was OUT Rageous!"
I always laughed, like it was something that"happened" to him, not his fault at all.
"Money talks, bullshit walks."
I would not lend a dime to someone who doesn't look like I do, even then probably not either.
It's fuck or walk pal.
7
GNL
2022 Jul 27, 3:57pm
GNL
2022 Jul 27, 3:57pm
Al_Sharpton_for_President says
Creeping socialism.
Misc says
About 1 outta 4 didn't make last month's car payment.
On time payments is a racist concept.
Creeping socialism.
8
Misc
2022 Jul 27, 4:08pm
About 16% of auto loans are sub-prime. There's about $1.3 trillion in outstanding auto loans. So roughly $200 billion in sub-prime loans. The major banks don't make sub-prime loans directly, but they do loan to the companies that make the loans to the "owners".
Suddenly, the people making loans @ 29% interest don't look that smart. They were just funneling money to people running their own personal ponzi schemes.
Suddenly, the people making loans @ 29% interest don't look that smart. They were just funneling money to people running their own personal ponzi schemes.
9
Misc
2022 Sep 21, 3:13pm
It's not as bad as I feared. Only about 5400 repos per day. About average for the industry.
https://www.driverra.com/car-repossession-statistics/
https://www.driverra.com/car-repossession-statistics/
people just can't make their auto payments...
the worst offenders...those in DC.
About 1 outta 4 didn't make last month's car payment.
https://www.keloland.com/news/your-money-matters/d-c-southern-states-see-highest-rate-of-late-auto-payments/