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Based on my experience working at drivemotors.com, many people with low credit are totally fine with entering into loan agreements with very high interest (9-12
by perryh2 10y ago
Based on my experience working at drivemotors.com, many people with low credit are totally fine with entering into loan agreements with very high interest (9-12%) for 72 months or longer with little to no down payment.
- ZoeZoeBee 10y agoThe instant gratification nature of a large portion of our society drives them to recklessly undertake high interest loans on depreciating assets like cars and furniture from places such as Rent A Center, pay day loans, etc. Seems there are quite a few ways to keep the poor, poor.