And more importantly, much like student loans, even if OP was able to get a loan, it prevents him/her from taking other loans - say, for that car. Economically

And more importantly, much like student loans, even if OP was able to get a loan, it prevents him/her from taking other loans - say, for that car. Economically crushing people (and removing them from normal economic activity by way of crushing debt) hurts the entire economy except for the pharma industry.