this post was submitted on 29 Feb 2024
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Yeah I was absolutely disgusted when I found out. It made me realize that there's definitely a "poor tax". If you don't have good credit and/or aren't informed enough to pay attention to interest rates, you're basically going through life on hard mode.
Thatβs also why you never buy a car near a military base.
Lol that just reminded me of the /r/justbootthings subreddit. So many stories of 24% APR loans on Dodge Chargers.