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by @jimpick.com
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Struggling to make payments for a junker car? You are far from alone. Great reporting by @emilyflitter.bsky.social Bloomberg about how greedy car dealers /lenders sell overpriced cars for obscene interest rates, then repossess them. @consumerfed.bsky.social www.bloomberg.com/news/feature...
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Big markups and double-digit interest rates are the bedrock of Byrider’s business model.
The Used-Car Dealer of Last Resort
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Consumers for Auto Reliability and Safety