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2025-10-11 20:29:45 UTC
in reply to

Sir ReadyKilowatt on Nostr: I'm thinking more about the dealers who run those "bad credit, no credit? No problem" ...

I'm thinking more about the dealers who run those "bad credit, no credit? No problem" scams where they finance directly, like Rent-a-Center but with a car loan. Legal loansharking, at least until someone notices. If this dealer was operating in a different state they might not have run afoul of consumer protection laws.

https://www.mass.gov/news/jd-byrider-to-pay-15-million-and-cancel-debts-of-thousands-of-consumers-who-received-predatory-car-loans