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Reply to "Terrified and depressed due to downward mobility "
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[quote=Anonymous][quote=Anonymous]We're all working to stay out of poverty. I fear homelessness and poverty. My rent is now nearly 50% of my income. My credit rating is excellen at 807. Yet I could only qualify for an 8% rate on a car loan. A better rate of 6% made the difference of $6 a month. In the past, I would pay 0% on a 3 year car loan for a Toyota Corolla or similar car. It's not your imagination OP. It's inflation thrusting many of us into a completely different class. It's very real and very frightening. I have always suspected certain leaders want only a few wealthy people and very many poor people. [/quote] Where are you renting? Is it a house or an apt? [/quote]
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