Why Have 7M Stopped Paying Their Car Loan?

schuylaar

Well-Known Member
any clues? anyone?

Record 7 million Americans are 3 months behind on car payments, a red flag for economy

https://www.stltoday.com/business/local/record-million-americans-are-months-behind-on-car-payments-a/article_842aca22-5694-5835-b43d-5659fd546742.html

so when i told you two years ago cash businesses aren't paying their bills which in turn, my company couldn't pay me commissions owed = expenses associated with revenue reported?

no wonder why we had FOUR CFO's in 2 years..they came in and decided they'd rather 'spend more time with family'.
 

londonfog

Well-Known Member
any clues? anyone?

Record 7 million Americans are 3 months behind on car payments, a red flag for economy

https://www.stltoday.com/business/local/record-million-americans-are-months-behind-on-car-payments-a/article_842aca22-5694-5835-b43d-5659fd546742.html

so when i told you two years ago cash businesses aren't paying their bills which in turn, my company couldn't pay me commissions owed = expenses associated with revenue reported?

no wonder why we had FOUR CFO's in 2 years..they came in and decided they'd rather 'spend more time with family'.
Sounds like an opportunity for you to start your business as a repo driver. Leaving silly string at the spot where you took the car could be your trade mark
 

blu3bird

Well-Known Member
People are stupid and try to buy things they can't afford. I just don't see it as a "red flag economy", what I do see is financially irresponsible people

Just because you have the credit doesn't mean you can afford it
 

delstele

Well-Known Member
It's the bling mentality look at me I'm cool I have a new car, $200.00 jeans, $300.00 shoes, a gold necklace, rings oh and my $40.00 baseball cap, Ain't I fuckin cool!
 

Bugeye

Well-Known Member
1) gasoline and gas engines are about to be banned
2) wealthy are not paying enough for poor people's car loans
3) the world is ending in twelve years, who cares?
 

schuylaar

Well-Known Member
People are stupid and try to buy things they can't afford. I just don't see it as a "red flag economy", what I do see is financially irresponsible people

Just because you have the credit doesn't mean you can afford it
actually, it pretty much does mean you can afford it..it also means the circumstances changed for many people..what do you think it could be?- the circumstances, that is?

i had a great credit score before i took a job with that last company..then they stopped paying my commissions timely, if at all..it was my manager's job to make sure he whittled it down due to 'gray areas'.
 

schuylaar

Well-Known Member
1) gasoline and gas engines are about to be banned
2) wealthy are not paying enough for poor people's car loans
3) the world is ending in twelve years, who cares?
'tremendous..more than any other president has done in modern history..we're building a lot of wall..we are doing a lot of work over the radical left..shutdown would be a terrible thing..i don't want to see another one, but you can see what happens when a bad administration takes over like venezuela..a lot of bad things happening..food..they need food.

i think you can see a powerful wall..we have other things happening with people not talking about..stingy..the other people are stingy.

interesting, it's always interesting..everyone respects us..a lot of good things happening; the wall is being built as we speak' -Guess Who
 

blaze 57

Well-Known Member
1) gasoline and gas engines are about to be banned
2) wealthy are not paying enough for poor people's car loans
3) the world is ending in twelve years, who cares?
4) The sky is now permanently deaf from two yrs of screaming.
 

Unclebaldrick

Well-Known Member
actually, it pretty much does mean you can afford it..it also means the circumstances changed for many people..what do you think it could be?- the circumstances, that is?

i had a great credit score before i took a job with that last company..then they stopped paying my commissions timely, if at all..it was my manager's job to make sure he whittled it down due to 'gray areas'.
The internet says:

 
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