Quote:
Originally Posted by s_morrison57
I was talking about jobs, as it said in my reply, but I do agree that people that skip on the payments are low on my list, might be a bit harsh cause I've never been outta work and sh** does happen to people.
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Yes, stuff does happen to people. When it does, they're still obligated to make their payments or relinquish use/possession of property bought on credit with the promise of being repaid via those payments.
That's the rub when it comes to buying on credit - you're not buying on the basis of your current situation (employed, making good money, whatever), you're buying on the basis of BELIEVING you can maintain your solvency and ability to repay for the next X months (or years). Why do you think so few people are buying on credit these days? Aside from the fact that lenders aren't really lending, there aren't that many borrowers borrowing simply because they don't trust their future situations.
The "scumbags" are the ones who either say "I don't care - if it ends up that I can't repay at some point at least I'll have been able to use the house/car/whatever for as long as I did - I'm not going to make special effort to make the payments" or the ones who say "I don't care - if it ends up that I can't repay at some point, I'll just either destroy/trash/hide/dismantle the property" - in other words the ones who would vilify the repo man/foreclosure guy/whoever instead of being a man, facing the realities of their own situation and saying "I've done what I could to stay on top of this and can't anymore - take it".
Anyone that would take a shot at a repo guy has serious character flaws. They're in denial about the reality of their own situation.