Quote:
Originally Posted by BzsBimmer
Is it really common for people to purposefully over extend themselves? Maybe a poll needs to happen lol.
|
A poll won't work because nobody would admit that they are overextending themselves to buy a luxury car (or even know they are since banks/credit unions/etc. are willing to offer long loans so that must mean they can afford it? LOL ...just like mortgages where unemployed people are in some cases approved for half a million or more purchases. We are a society of debt with no regard for rainy day savings unfortunately.