Posted on 07/25/2014 10:37:26 AM PDT by Second Amendment First
Army Spc. Angel Aguirre needed a washer and dryer.
Money was tight, and neither Aguirre, 21, nor his wife had much credit history as they settled into life at Fort Carson in Colorado in 2010.
That’s when he saw an ad for USA Discounters, guaranteeing loan approval for service members. In military newspapers and magazines, on the radio, and on TV, the Virginia-based company’s ads shout, “NO CREDIT? NEED CREDIT? NO PROBLEM!” The store was only a few miles from Fort Carson.
“We ended up getting a computer, a TV, a ring, and a washer and dryer,” Aguirre said. “The only thing I really wanted was a washer and dryer.”
Aguirre later learned that USA Discounters’ easy lending has a flip side. Should customers fall behind, the company transforms into an efficient collection operation. And this part of its business takes place not where customers bought their appliances, but in two local courthouses just a short drive from the company’s Virginia Beach headquarters.
From there, USA Discounters files lawsuits against service members based anywhere in the world, no matter how much inconvenience or expense they would incur to attend a Virginia court date. Since 2006, the company has filed more than 13,470 suits and almost always wins, records show.
“They’re basically ruthless,” said Army Staff Sgt. David Ray, who was sued in Virginia while based in Germany over purchases he made at a store in Georgia.
(Excerpt) Read more at washingtonpost.com ...
I work with someone that used one of those payday advance places. He let me look over his paperwork.
APR was 579%
He made alot of bad choices.He later filed bankruptcy. DOH!
I got caught up by one of those places when I was fresh out of boot camp. But spent a lot of liberty time on the boat and paid it off on time and never set foot in one of those places again.
I know that’s how its supposed to work but apparently the younger generation doesn’t know it and wants instant gratification.
Cripes, my skin crawls at anything over 7%.
I had a patient who got a sofa and tv from one of those rent to buy/no credit check places. The value combined was probably 700 dollars. By the time she paid it off she paid over 3500 dollars.
Can we reconsider blaming children?
Where are the parents?
I mean really.
I teach Middle school English. WE go through Shakespeare. Taming of the Shrew and Romeo and Juliet, for instance, The first thing the girls want to know is why would they want their father involved in choosing a mate? That’s what Juliet said. Catherine obeyed.
I can deal with the boys. They ask the same question. I present it to them as a matter of their paternity, do they want their future daughter coming home with an idiot who can’t take care of her, and have the daughter back in the house at age 28 with kids? The light bulb goes on. The whole classroom tunes in. Now the boys are thinking like dads.
This is what they need in order to get them to tune in to what a nice girl expects and what her fearsome father expects.
silly girls are easy and they, unless mentally challenged, so not have fearsome fathers.
Girls have chosen cute, outlaw, idiots for centuries, from the beginning of time. they need guidance and direction.
That’s a parent’s tough job. Teaching her how to discern. And it starts in preschool, before even. When we go, as parents, to a friend’s house and the three year old girl does not like that creepy guy whom everyone says is so funny and great, let her not like him.
And find some nice friends.
Then she can, when she’s twenty, figure out that it’s ok to say, hey he’s creepy let
s get out of here.
Teach her how to spend money. And by example not by punishing her with a stupid job, unless that’s what she wants to do. Show her how to spend without going into savings and credit.
WE expect kids to take the responsibility here, they are not responsible.
Most, by a vast margin, of adults live paycheck to paycheck in this country. Is that the fault of kids?
WE can’t even blame the government because the government is by the people and for the people.
they take taxes, but we are letting this happen.
Good. And parents don’t show them how to spend money or what they don’t need to spend their money one.
This story seems like one of a kid that goes to basic right after or before getting married. That’s stupid, and stupid for an impatient girl.
They should both get their stuff together before strapping this guy with a family.
With birth control as accepted as it is, they spend their money on all of this stuff and think it’s okay.
Wonder how much he spent on the ring.
Who buys a washer and dryer that young? I did laundrymats til I was 27 years old.
So they should be robbed just because they are stupid enough to think anyone cares who is willing to fight and die in their stead. Got it.
I am the first person in a room to bemoan stupid people breeding. I am also aware of the quality of recruits when I enlisted in the ‘80s, as well as my boy’s feedback on the pathetic level it’s degraded to.
That stated, the dichotomy between this thread and others supporting the troops is absolutely pathetic.
.02
Yeah, in your example, it is the WOMAN that is stupid. /s
Three for Five was very common 50 years ago. On payday the poker games and crap shoot were plentiful and if you lost your months pay you were still fed and housed. Some of the wiser guys would hit the PX and buy a months supply of toiletries and cigarettes before the games started, others became beggars or slaves.
As a girl I am saying that
Look at the story. Look what he bought
Would you take an engagement ring from a guy who has no money, no sense, and borrowed money for the ring at a loan shark interest rate?
I Just re read the story.
All he wanted was a washer and dryer.
When I got married my husband said he wouldn’t buy furniture as he’d been ripped off before by some dame in sales dept
I set about purchasing furniture over the next yrs and never took out loans nor bought anything new x sofas and mattresses and chairs. I have a good upholsterer and many very old items and a few inherited pieces basic appliances repairable, dishes etc from German and French outlets and the like
Haven’t bought anything like that in ten years, not after setting up
Hub bought my engagement ring cash at a mall and replaced it seven yrs later after my snobby sister sneered at it. I didn’t care
He had a good job and a degree at the time with a future and a sense of providership Never got ripped off again by any boob endowed sales girl nor anyone else and certainly not me
This girl (her husband is 21 yrs old) had no business keeping that ring nor talking him into a computer for her to shop with whe he was out working and not caring about having a computer
His parents should have warned him about girls like this and her parents should have taught her how to manage money
There have been ripoff artists in society since the time Jesus got mad at them in the Temple
And before
Parents are not teaching money matters
You didn’t know people in the 1980s who got into the military, got married in basic, moved into a house as a one or two striper, took out ridiculous loans?
I did. I remember their names, their spouses, their cars. They drove much better cars than I had as college grad, working my way up.
Several years ago I did a “Great American Teach-In” via my tax-prep employer and of the subjects I could choose from I talked about BUDGETING to High School Sophomores Honors Class. 20 per class for 6 classes and I hoped and prayed that I could get through to at least 1! No concept about money was the rule but some were awake.
Right now most of them are in College and are spending plastic money and student loans. I shudder!
FYI: The High School has stopped that program, the “Great American Teach-In”, because it is too expensive to validate the volunteer adults. Security and paranoia trump the chance to have someone give real-world advice. Sigh!
Well, no, but why say that the girl is the stupid one. The guy took out the loan.
Is it never the guys own fault for taking out loans he cant afford? I hate to sound like a feminist, but why is it always the womans fault.
The guy is at fault. Duh. That’s a given. It’s whom the article is about
I’m just trying to be instructive regarding the entire story
Is the girl golden? Or is she at fault?
They’re married. Is she going to dump him or help him out of debt and figure out that they bought too much
And btw why doesn’t the article headline say couple gets into too much debt?
“So they should be robbed just because they are stupid enough to think anyone cares who is willing to fight and die in their stead. Got it. “
—
Huh ???
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.