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User Info GM Ramps Up Risky Subprime Auto Loans; entered at 2012-07-28 19:53:42
Tesla
Posts: 15560
Registered: 2008-04-03 State of Disbelief
A neighbor down the street is losing his farm, etc. Lost his job ~2 years ago, was overextended with little in the way of savings, is in his early 50s and has no prospects of a job paying enough to keep it all. He finally quit paying on his Ram dually diesel a few months ago and left it on the street, telling the finance company to come and repo it, he had no more money to make payments. It's been sitting there for almost 3 months now. I wonder how much longer it will remain...
2012-07-28 19:53:42