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Message: <blockquote data-quote="retrieverman" data-source="post: 4231119" data-attributes="member: 24452">The American people as a whole are complete morons.  When I first got out into the world and started buying stuff, a vehicle was financed for no more than 5 years, but now, 72 and 84 month auto loans are the norm.  The automakers and banks figured out that people that get the new car smell in their nose don’t care about the price of the car as long as they can make the payments, so they adjusted the length of the loan to make the payments affordable to the buyer.  Nevermind that the dumb@SS buyer will be upside down as soon as they drive off the lot.Credit cards are worse, because they basically let you pay whatever you want every month and still rack up charges and compound that interest.The debt system is broke beyond repair and will never be fixed, because the banks and credit card companies are making way too much money and are too powerful.</blockquote>