Financing the SMART - Page 3 - Smart Car of America Forums : Smart Car Forum

a2jack · 01-14-2008, 07:29 PM

Sp

Credit has now become a form of enslavement for many middle class Americans. Not a privilege ?

Through Illness, lost jobs, inablity to understand contracts that are written by lawyers to deceive, people are losing their homes all over the country.

As a Mod on this board we would expect a little more sensitivity from you.

A2Jack

Amethyste · 01-14-2008, 07:37 PM

Quote:

Originally Posted by spdickey

I have sympathy for their plight. Just as much as your sympathy for those whom they borrowed money from and failed to repay and then cry because they want to get more credit for a brand new car and it costs too much.

I have myself borrowed money for a car in perfect credit standing and found myself a year later battling cancer and not being able to re-pay my debt cause I couldn't work. Like you can control what is going on in you life. I really don't like your attitude. You talk like you are the "****" of this board. You might be a moderator, but that doesnt say much about how you actually handle yourself... Kindness is a nice thing to have - can't borrow that even on good credit.

mdfortwoguy · 01-14-2008, 08:12 PM

I do have to say that that was quite off color and offensive, SP. Quite frankly, it is none of your business nor is it your concern as to other people's finances. Someone may have screwed you over in the past, but to post something like that on here is rude. Those who put themselves on a pedestal only have that much further to fall.

For the record, I am 25, doing quite well for myself, and plan on financing this thing for 24 months - not because I need to, but because I can.

Amethyste · 01-14-2008, 08:23 PM

Great to hear MDfortwoguy - being able to do what you like is a great thing. I have great credit now - I am going to put more than 1/2 down on it and finance the rest - cause you know, its good for my "shame on me" credit.

mdfortwoguy · 01-14-2008, 08:47 PM

I put $10K down on my VUE when I bought it. It was during the summer between my freshman and sophomore years of college. I'm so glad I did... it made things much less tight through school not having such a huge car payment. I'm halfway thinking about buying a loft condo or townhouse when my lease is up in 6 months, so I don't want to throw everything into the car right now.

spdickey · 01-14-2008, 09:39 PM

Quote:

Originally Posted by a2jack

Sp

Credit has now become a form of enslavement for many middle class Americans. Not a privilege ?

Through Illness, lost jobs, inablity to understand contracts that are written by lawyers to deceive, people are losing their homes all over the country.

As a Mod on this board we would expect a little more sensitivity from you.

A2Jack

I'm not a mod.

I'm a landlord who has had folks cry poverty after moving in, fail to pay rent and cries when I report their payments to the agency. I check credit reports several times a month on new tenants, hear all the stories and only take those who I hope will pay the rent every month. Those I think will pay late and have a track record I work with, those that rip me off for months of rent and ask for more time, sorry, no dice.

Living on credit may be necessary, but its not a right. It is a privilege with attendant responsibilities. I feel for those taken in my shady mortgage lenders. They possibly shouldn't have borrowed in the first place. I don't have good feelings for those with bad credit who complain when they can't get more credit or credit is expensive.

But please don't ask me to bail them out. And its up to them to fix their own credit.

Gene_SD · 01-14-2008, 09:54 PM

Just reported in the San Diego paper this weekend, "The average american family has $30,000 in credit card debt" thats up from the year 2000 of $20,000. So i would say americans have an issues with debt, however that doesn't mean everyone.

mdfortwoguy · 01-14-2008, 10:18 PM

I still fail to see what people who are getting in over their heads in rent with you has to do with people who are buying a $12K car, financed through their own bank...