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From the article they seemed to try three things, giving them $2000 cash, giving them $1000 a month, and debt forgiveness. Consider the scenario where somebody
by lupusreal 2y ago
From the article they seemed to try three things, giving them $2000 cash, giving them $1000 a month, and debt forgiveness.
Consider the scenario where somebody's car is busted (needs replaced) and they have awful credit. They need a new car to get regular income. Any of those three options is unlikely to help them get a new car.
- rib3ye 2y agoI am not arguing for cash handouts IN ANY WAY, but high quality used cars can very, very cheap.
- lupusreal 2y agoHave you tried recently? A Japanese car with no collisions and around 100k miles is probably going to run you about 10k or more. You can obviously get more questionable used cars for a lot cheaper, but you'll very likely end up paying for that decision in the long run.