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Unpopular opinion: Anyone that does repossessions of any kind is a class traitor. Let the rich collect their own debts.
This guy parked in a no parking zone. This wasn't a repo.
And allegedly had over $1300 in parking and other related fines unpaid
Idiots shouldn't buy things they can't afford. I have no sympathy for someone that buys a gigantic overpriced truck and gets it repossessed because they're not paying the bill.
If you don't have auto repossessions happening, then that'll increase the risk to someone doing auto financing. Those aren't charities, aren't just issuing the money there as a grant, so it'd increase the cost and financial requirements to get automobile financing.
One might need to pay much more interest on an auto loan or simply not be able to get an auto loan at all and only buy a vehicle cash-up-front in that world.
Meaning car companies will either need to start making vehicles people can afford or the public pressure for public transportation will massively increase. Win-win.
While I somewhat agree with you, people need personal responsibility.
The industry is intentionally preying on people. They have no business giving most of these people loans. Where is their responsibility?
The industry loses money doing a repossessiom and sale, that's the only incentive they need. You can have individuals deciding whether a financial decision is in their own best interest or you can have corporations decide for them.
Do you really expect bankers to jump in a truck to find cars? Do you really want to deny someone that employment?
Forcing bankers to do it would really advance tow truck technology much faster.
It'd be fun to see some lady in a suit hooking a Dodge Ram to a tow truck as fast as she could.
They’re being paid to do a job
You're really going to invoke the Nuremburg defense for a vehicle theft?
Recovery, not theft. Be an adult.
So were the Pinkertons. That doesn't mean it's morally justified.
Another unpopular opinion. If you borrow money, pay it back. Regardless of who loaned it to you.
Damn life must really be easy for you with such a simple mind
Yeah why would anybody agree to make life more difficult merely for moral superiority that doesn't do much?