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Insanity of 10 year consumer credit loans Vs Investing those $
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Circle E
Posted 2/7/2021 16:02 (#8814257 - in reply to #8814197)
Subject: Help Me Understand This


NW Iowa
You hear the commercials and see the ads for car dealerships......."Bad credit, no credit? Who cares on Down and Drive Away with a Brand New Car!!" I know that these places make a ton of money on financing but what makes them want to deal so badly with people who can't pay? I sell grain, cattle and hay at times and prepay with vendors. If I am at all worried about the financial health of any of them you can't bet I'm not transacting with them.
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