Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 10 months agoAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netexternal-linkmessage-square120fedilinkarrow-up1252arrow-down15
arrow-up1247arrow-down1external-linkAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netLee Duna@lemmy.nz to News@lemmy.worldEnglish · 10 months agomessage-square120fedilink
minus-squaredangblingus@lemmy.dbzer0.comlinkfedilinkarrow-up8·edit-210 months agoDebt that they can’t afford. You can get approved generally for more debt than you can feasibly make payments on. Easier for a working class schmo to get approved for a $90K truck than a $500K house.
minus-squareRGB3x3@lemmy.worldlinkfedilinkEnglisharrow-up4·10 months agoWho the fuck pays $90k for a truck? Anybody willing to do that deserves it.
minus-squareTheSanSabaSongbird@lemdro.idlinkfedilinkEnglisharrow-up4·10 months agoLots of people. I don’t get it either, but here we are.
Debt that they can’t afford. You can get approved generally for more debt than you can feasibly make payments on. Easier for a working class schmo to get approved for a $90K truck than a $500K house.
Who the fuck pays $90k for a truck?
Anybody willing to do that deserves it.
Lots of people. I don’t get it either, but here we are.