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General Car, Inferior or Superior Interior, & Eternal Mullet Barge Discussion Thread

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maxtdi

Go Kart Champion
Location
Nor-Cal
Or are they smart

Pocket house payment until foreclosure happens, pocket car payment until repo happens. Take all that money, rent apartment, buy garbage car cash, rinse and repeat in a few years when another lender decides to issue you a new loan, lol.

Sure, it's not necessarily the glamorous life, but depending on the payment amounts, filing chapter 13 on everything while pocketing the cash every month could be a financially smart move in the end. For the credit cards or whatever that you couldn't file on, you can settle out of collections for a much smaller balance than you racked up (and didn't pay on), pay that cash from all the other payments you skipped on and actually be "debt free"

Just kidding, you're right. This financial system sucks lol.
Yep that's how you work the system :(
 

Gunkata

Drag Race Newbie
Location
Lombard, IL
Yep... GM comes to mind...
As well as some banks that got fucked by the ppl that they lent to.

Hard to write off a 200k each loss by millions of upside morons trying to get a free ride from the .gov.

But the whole country is a huge Ponzi scheme as is

You must have missed the whole "credit default swap" thing there :lol: :bellyroll: ;) THAT is what fucked banks, AIG, etc... not just the actual mortgages themselves.

WRX could work too.

a new one? definitely. great car.

OH DANG!!

this^

My friend just had 4k worth of work done on his 13 WRX for ring failure.

:eek:
 
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