Someone I know just put $1,000 down on a $15K car and got a 26% interest rate. I honestly feel like I am going to be sick. Is this as bad as I think it is?
Someone I know just put $1,000 down on a $15K car and got a 26% interest rate. I honestly feel like I am going to be sick. Is this as bad as I think it is? She is going to pay like $35,000 for this car right? Her boyfriend basically sat her down and forced her to sign. He would not listen to anyone talking to him saying she should wait a night. I was not there. According to her boyfriend, it is because she has no credit (she is 20 and just got to the U.S.). Also claims she can make the payments for...