
Quoting
Tom2653412
Sorry CourtClerk, I disagree with your opinion and your tone.
When a poor person who works at minimum wage jobs enters into an agreement with a large finance company, then that agreement is not a fair and just agreement. The bargaining power and leverage between the two parties are totally uneven and completely skewed in favor of the finance company. The poor person is desperate and destitute, the finance company is in control and sitting on piles and piles of cash.
Thus, while the agreement is legal since the laws are designed to protect the rich, the agreement is neither fair nor just. The agreement I entered into was designed to rip me off as all agreements and contracts between the rich and poor are.
It is not true that I knew EXACTLY what I was getting into when I signed those papers. I’m not a lawyer and could not understand many of the details. I needed a microscope to see some of the details listed on the form.
The finance company, on the other hand, KNEW EXACTLY what they were getting into which is why they had preprinted forms with clauses that favored them in every way and why they eagerly sold a car to a person with bad credit.
I signed the agreement cause I had no choice. The way the auto companies, oil companies and tire company dismantled the electric transit system we used to have and destroyed our public transportation system means that we have no choice but to buy cars from these thieves. And given the below subsistence level wages we get paid, it means we have no choice but to get these outrageous loans from these finance companies that screw us royally.
You applaud the finance company for keeping their word. You didn’t expect them to break their word, did you? Why should they? I guess you think it’s honorable for a company to keep its word and continue to suck the blood of a poor consumer. However, I’m not impressed by their “honesty.”
If I didn’t make the last payment it was not because I wanted to rip them off or screw them as you say. I didn’t have the money. You try working for minimum wage, my friend, and see if you can make ends meet.
You say that the finance company was screwed since I didn’t pay them the last $300 and some odd dollars. Oh, my heart bleeds for them!
You think the finance company couldn’t threaten to repossess the car? Time and time again when I was struggling to pay them, they threatened to take the car and I have no doubt that they would have taken it had I not finally made the payments at the last minute month after month.
The only reason they let the last payment slide was because they had already charged me four times the amount the car was worth and sucked my blood for 5 long years and they were now busy with new, more profitable, and fresh poor victims that could provide them with a new and continuing stream of "hefty" payments for several years, new victims that they could screw for a long time. That’s why they didn’t waste any more time with me for one last, lousy payment $300 and some odd dollars.
I think to side with the people who are struggling rather than the banks and finance companies who are ripping us off is the right thing to do.
But since we come from completely different worlds, and have totally different values I don’t expect you to understand that.