High Interest Rates Are Illegal. So How Are Auto Lenders Getting Away With Them?
With consumer protections in place for literally just about anything you can buy, you'd think regulations would protect you from high-interest auto loans. Well, those laws do actually exist. They just don’t apply to the vast majority of finance companies.
4 Scary New Repossession Techniques
More Americans are behind on their auto loan payments—and that means boom times are here for repossession companies, who are using increasingly high-tech methods to haul away the cars of delinquent drivers. Here are some of the scariest ones we’ve heard.
I’m not a doomsday prepper or anything, but most of my financial commitments are probably soft enough to pull off a pretty decent bug-out plan. Amid my loose fiscal attachments, however, one long-term contract has managed to stay chained to me like an ankle monitor: my cable TV plan.