The rise of the scammy car loan

jeffw@lemmy.worldmod to News@lemmy.world – 131 points –
The rise of the scammy car loan
vox.com
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And what would be better recommendations for the poor individuals trapped by loans?

Regulatory reform? Not “just go buy a laptop and study amortization before you buy”.

Yeah, that sounds reasonable in the long run (years), while the laptop plan is more immediately useful.

Yes, telling poor people to buy laptops is so practical