this post was submitted on 01 Nov 2023
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Part of the problem is you have to build credit to buy a house or car, and cards are the best way to do that.
But for many it is easy to get behind and they will eat you up quick. The whole system sucks.
Why do you need a credit to buy a car? You don't.
You don’t as long as you have enough cash to get something and keep it running. There is a huge market for predatory car loans for people that need a car but have shit credit.
A car is a privilege, not a right. If you can't afford it - use a bus instead.