How smart people buy and keep cars for the long term

Topical story of one poor schmuck:

Payday loan victim

I really feel for the guy; why the hell these scum are allowed to operate is a crime in itself.

 

While I do feel for him- what was he thinking!

Any entity who is going to give out a quick loan from a storefront operation is trouble!

Go to a Goodwill store - check your community for help, there are a number of church groups who routinely send out care bulletins to help people for home repair, ramps etc.

Community Action Groups and even many hospitals etc offer much help in these areas ....

Our Knights of Columbus group has a ministry to help individuals with medical needs.

The loan sharks and payday loans are acting legally ........ it is up to the individual to do their homework - understand what you are getting yourself into.

If people stop using the highway robbery loan services they will disappear on their own.

Governments can pass laws till the cows come home but if individuals continue to seek out these quick fast payday loans they are almost always going to have problems. .....and even if the government successfully shuts them down then the individuals will seek cheap easy loans form the black-market or other illegal entities.

The good news from the article is the guy received some help and some kind individuals bailed him out from his poor decision. Hopefully he learned an important lesson that someone his age should have learned many years ago before he got himself into this situation.

 

There we part.

 

If you are crossing a street who is responsible for making sure an oncoming car is not coming?

 

So the seniors that hand their banking info over to some huckster on the phone, got what they deserved? C'mon, apples and oranges.