[Bartweiss]

Honestly, the APR looks totally reasonable (by bad credit standards).

They cite a $96 average weekly payment for all Americans, and compare it to a $130 weekly payment for Xchange. The article's tone implies that I'm supposed to go "30% markup, shocking!", but it's comparing all borrowers to bad-credit borrowers. Knowing how other loans are priced, that seems like a pretty standard adjustment (especially for the easy-use terms of the lease).

I honestly had a lot of trouble finding the malice here. Yes, the cars are expensive, but it's like complaining about on the level payday loans as 'extortion' - the prices are set by a high default rate, not by some inexplicable market failure.