It's hard to break this down because there are so many different problems going on here, but let's pretend for a minute that the moral issues related to privacy

It's hard to break this down because there are so many different problems going on here, but let's pretend for a minute that the moral issues related to privacy and dignity are irrelevant, and that the arbitrary credit score threshold of 640 that necessitates this system is reasonable and determined by transparent and fair processes (it's not, but stay with me). Does this _actually_ solve a problem? Are cars that difficult to repossess? Is it possible this is a marketing gimmick and the securities backed by it are sold to investors who just really like the idea of being able to f*ck over a poor person the second he or she misses a payment? Is this really an economic innovation that lets riskier borrowers have cars, or is it a sales tactic appealing to veiled social darwinist sympathies?