Quote:
Originally Posted by Deegee
These financing options don't really help the people who use them who have terrible credit. I don't see how 27% interest on a car loan is something to be happy about.
But I guess it is their own fault in getting a loan at that rate when they should just buy a bucket of bolts until they correct their credit mistakes.
Sad thing is that they generally don't really care about the outstanding debts they have with other creditors and don't think they should have to pay them back. At least, that has been my experience to date with poor credit people.
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WHat about people like me ? My wife was killed in a car wreck. The other lady didnt have insurance , there was an old statute in Oklahoma that says a husband is responsible for all spouses bills in case of death( but the wife isnt if the husband dies)... The hospital bill was 250,000 k. I offered them 50k ( my uninsured motorist and all i was getting from the wreck) and they said they would take it and chrage me 200k more. I had to file bankruptcy because of it and now my credit is around 600 now because of the bankruptcy ...... should i buy a bucket of bolts?