4 ms·
That's the end goal of the "We finance everyone!" car dealers, right? Get you in a high interest rate loan and either the client eventually pays it off (paying
by jff 9y ago
That's the end goal of the "We finance everyone!" car dealers, right? Get you in a high interest rate loan and either the client eventually pays it off (paying $15,000 for a car worth $4,000) or they default after 6 months and you take the car back and sell it again.