After Shock Media

Im sure you have seen those dealerships that promise to finance anyone with no credit checks? Sort of like sub prime lending ya know, just highly targeted at the poor with no credit. They sell you some piece of shit they picked up for 300.00 and finance it to some sap for 1000.00 Now of course they will have some jacked up interest rate along the lines of 29.95% or some shit that if any private person tried to charge would be illegal. They also impose fines and assorted other nickle and dime tactics to the whole ordeal. Then they send you bills for interest only or if your lucky interest and a super small percentage of the principle.

I have actually seen some people actually get stupid and fall into such contracts. If they failed to have insurance breach and fine, if they were late 50.00 fine, if payment made by check 20.00 surcharge, if made by credit card 20.00 surcharge, only free way to pay was cash or money order. Then as a kicker in the fine print it stated that the bills would show interest only for the first 5 years. Now this was on a 2500.00 car. There was numerous other fucked up shit hidden in the small print to boot. Then you want the 100% kick in the balls kicker to the whole ordeal. They signed a payday advance loan provided by the car dealer to supply the 250.00 down payment. Now I am sure you all know the fucked up crap that goes with those too.

Then it is common knowledge that they have deals with tow yards (major supplier of their cards btw) and repo guys. Shit goes late or whatever, fines kick in, shit gets repoed. Person now also on the hook for the tow yard fees, the towing fee's, the repo fee's, and part if not all of the cars costs if they can not sell it at auction for the right price, which they have no real incentive to do anyways.

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