Post
By Cory Doctorow (GPG 0xBF3D9110957E5F4C)
doctorow.pluralistic.net
did:web:pluralistic.net
A subprime auto-loan often contains the "teaser" and "balloon" rates at the heart of the subprime mortgage bubble: for the first year or two, your car payments are affordable, but then they shoot up to a sum that you can't possibly pay.
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2026-07-25T11:07:16.050Z