28.00%APR, $1,164.19 a month - car payment

[aSniperJones]

These practices need to be illegal. Our government needs to implement policies to halt these predatory acts. Practices like these plague low income people. I’m absolutely pro- personal responsibility and accountability regardless of the circumstances, so the borrower absolutely should know and do better, but I also have to question the lender.

the assumed risk policy; low credit score, high interest, high monthly payment, a high debit-to-income ratio, and [insert additional requirements]; should the consumer fail to pay the financing institution no action can be taken to repossess the financed item as long as said percent of payment is met at a minimum, and [insert stipulations]

Capitalism requires regulation.

 

[El Bombi]

This is the only Dodge that make sense for those payments.

 

[Ghostface Trillah]

96 months of paying for a car. You obviously can't afford that car. There's no way that they should sell that to you. Just a repossession waiting to happen but dude is most definitely going to run that car into the ground before they take it back

 

[NinoBrown]

Let’s be honest. Buddy ain’t paying this car off

Joint gonna be a trade in....smh....

30% APR

96 Months

1k car payment

Insurance probably 3 bills

Not smart...

 

[Heafcliffe]

A fool and his money

 

[calixprynce]

this is one of those buy here pay here places i bet . cuz those interest rates are criminal unless its from one of those type of places. They dont even run credit a lot of times, just down payment and automatic 20%+ APR . they prey on poor people in small cities

 

[Chrishaune]

When you buy something like that, if you can't go in there and pay cash, leave it.

 

[Typical Knicks Fan]

Reality will hit him in three months.

 

[Third Kind]

I hope he ends up not paying a single payment and puts 15K miles on it. That'll teach them to curb this predatory shyt.

 

[Rekkapryde]

10 years paying off a car at 28% APR!

Car salesmen love buffoons like this walkin in to the dealership.

 

[El Bombi]

Buy your car from a real life Premium Deluxe Motorsport breh.

 

[Rekkapryde]

And folks wonder why these car dealers killing folks.

After he signed the paperwork, the Finance Manager hit the

I hope he ends up not paying a single payment and puts 15K miles on it. That'll teach them to curb this predatory shyt.

You right but I'm not putting the onus on them. You gotta be a special kind of stupid to be so pressed to stunt paying a 1200 dollar car note on a fukkin dodge because of yo shytty ass credit. Explains why this nikka's credit is so shytty too.

 

[blockburna420]

You know he gone end up smashing it up , off the no insurance or worse.

 

[A1aaa]

Those numbers are just appalling.

I have no sympathy for these scumbag dealers whose livelihoods will go belly up due to this pandemic.

 

[Hijo de luna]

As a Credit Analyst I'm callingno finance Manager would approve this.