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Buying Bullsh*t In "4 Easy Payments"
Buying Bullsh*t In "4 Easy Payments"
Submitted by QTR's Fringe Finance
I have been gently touching on what a horrible idea one sector has been since the inception of this blog. And just this week, it looks like cracks are starting to form in the space via one of its largest and most well-known publicly traded companies.
As savings finally dry up, rates remain higher and auto loan/credit card delinquencies start rising, I wouldn’t be surprised to see a deluge of ugliness from these types of names in their next few quarterly reports.
(Chart:...
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