[GFischer]

To me, used to the abusive interest rates here in Uruguay, 20% sounds really good.

And while the tactic they used to repossess the car was pretty shady, they were in their right. And 25% default rate is tough.

It's depressing, but the alternative would be leaving people with no financing options.

A NGO or maybe a startup that helped people balance their economies would be doing a lot of help, in the U.S. and everywhere. I've read about some that try to disrupt lenders, including a Y Combinator backed one (LendUp).

http://techcrunch.com/2013/11/12/lendup-raises-14m-from-goog...