Quote:
Originally Posted by NoSoup
I was chatting with an aquaintance today, when she brought up the fact that her car was likely going to be repossessed. Through the course of the conversation, she basically said that she was unable to make her payments because she took out some loans from the payday loan places. She is of sound opinion that it isn't her fault her car is being repossessed, but the "greedy bastards" at the loan place.
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Maybe she realized she was making a Faustian deal, taking out those super high-interest payday loans, but she felt she had little to no choice in the matter. Maybe she had hoped things would get better for her, and that in the meantime, the payday loans were just to tide her over. But things did not get better for her; if anything, they got worse; and now it's time for her to pay for her risky (albeit desparate) dealings. And now she's bitter about it all. She's angry about being in this situation despite her best efforts, and she resents having been all but forced to take out those payday loans.
Regardless, this woman
will be held personally responsible for her dealings. If she hasn't been making her car payments, it
will be possessed.
She can expect no government bailout, here.