They finally busted him. Russell Laiosa. I know the NY Post is a rag, but it’s the first article I found confirming an arrest.

  • seathru@lemmy.sdf.org
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    2 months ago

    Unpopular opinion: Anyone that does repossessions of any kind is a class traitor. Let the rich collect their own debts.

    • tal@lemmy.today
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      2 months ago

      If you don’t have auto repossessions happening, then that’ll increase the risk to someone doing auto financing. Those aren’t charities, aren’t just issuing the money there as a grant, so it’d increase the cost and financial requirements to get automobile financing.

      One might need to pay much more interest on an auto loan or simply not be able to get an auto loan at all and only buy a vehicle cash-up-front in that world.

      • Crashumbc@lemmy.world
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        2 months ago

        While I somewhat agree with you, people need personal responsibility.

        The industry is intentionally preying on people. They have no business giving most of these people loans. Where is their responsibility?

        • ThrowawayPermanente@sh.itjust.works
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          2 months ago

          The industry loses money doing a repossessiom and sale, that’s the only incentive they need. You can have individuals deciding whether a financial decision is in their own best interest or you can have corporations decide for them.

      • Skydancer@pawb.social
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        2 months ago

        Meaning car companies will either need to start making vehicles people can afford or the public pressure for public transportation will massively increase. Win-win.

    • SparrowRanjitScaur@lemmy.world
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      2 months ago

      Idiots shouldn’t buy things they can’t afford. I have no sympathy for someone that buys a gigantic overpriced truck and gets it repossessed because they’re not paying the bill.

    • Steve@startrek.website
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      2 months ago

      Do you really expect bankers to jump in a truck to find cars? Do you really want to deny someone that employment?