True, but the lender would take a big loss on any used vehicle, particularly with a glut of used cars due to expiring leases and due to the high original price of the vehicle.
Student loans will follow one to death. They can garnish Social Security etc. It puts a burden on folks, even delaying home purchases etc. Credit card debt carries such a massive interest load which offsets any defaults. That said, a significant correction could be loaming. Especially since the Trump Rally looks to be faulting ,as even both parties don't give a rip about the working class! SAD! The working class includes skilled labor.
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