The investigation begins with an anecdote about a man who received disability payments from the Social Security Administration; he received a loan for a Jaguar with an astonishing annual percentage rate of 75 percent.

Fucking WHAT?! It should be so illegal to try to take advantage of someone who doesn’t understand finances. I get that you really should understand the basics of finances and interest before you spend that kind of money. But also cars are such a necessity here that not everyone who buys one is going to be well-educated, speak good English, fully literate, or without a learning disability.

Before anyone tries to pull the “it’s the buyer’s fault” line before on me before reading the article, here’s some great excerpts showing how scummy these lenders are:

… men recently released from prison who found that their credit histories prevented them from getting reasonable loans at affordable interest rates…“A lot of people we were interviewing were driving pretty fancy cars. We were stroking our chins, going: ‘How did you afford that?’ It turned out that some of them were walking into dealerships and being told they couldn’t get financing for the Hondas they wanted, but could for a top-of-the-line Mercedes”… “Why would a lender and dealer do that? Because they know they’re going to be able to repossess the car quickly.”

Look, I am in sales. I know exactly how people can run you around in circles bullshitting you into closing before you realize how bad of a deal you’re getting. It’s what I look out for when interviewing, because I’ll walk if that’s the culture your product or company has around it.