It sounds like these people already had very bad credit and wouldn’t get any loan anyways…that being the case, is there a way they can take advantage of their situation and just keep getting car loans at whatever rate and make no payment?

I suppose the wealthy financial industry has probably already thought about that and charge a hefty buy deposit I’m guessing.

Funny that the private equity firm is getting out now after doing this again and making millions…

Sucks to be poor in America with a gamed system keeping you down.

I don’t really feel too sad for these people though. If you don’t have money or assets, hopefully not all of your friends or parents or whoever won’t at least give bad financial advice…course, this is probably the norm since financial literacy in this country is pretty pathetic.