saltybit Posted December 29, 2014 Share Posted December 29, 2014 Some of you probably saw this already: http://dealbook.nytimes.com/2014/12/25/dipping-into-auto-equity-devastates-many-borrowers/ Link to comment Share on other sites More sharing options...
yadayada Posted December 29, 2014 Share Posted December 29, 2014 This is a major argument against libertarians I guess. They could just sell their car instead they end up paying that amount, and losing the car... Some people are just stupid. loaning money at 170% interest is never ever good unless a loanshark wants to break your legs or something. Link to comment Share on other sites More sharing options...
rkbabang Posted December 29, 2014 Share Posted December 29, 2014 God how stupid can some people be? "Johanna Pimentel said she and both of her brothers had taken out multiple title loans. “They are everywhere, like liquor stores,” she said." Yes and just like liquor stores you don't need to go in. Link to comment Share on other sites More sharing options...
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