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Just because u qualify doesn’t mean u can af…..
229,466 views • 2 years ago •via X (Twitter)
10 Comments

This one goes beyond mere qualification for credit, the interest rates have gone up more than 4 times from 2021. Buyers couldn’t foresee that. Fuel prices went up and pushed up food prices. These are ripple effects of a failing economy. The general cost of credit has gone up.

My family we took conscious decision 20 years ago to never purchase repo as it's somebody else's tears.. Its our choice.

Sometimes, companies don't do as well as they did before, and they have to let go of people, resulting in job loss. other times, contract renewals take longer because of various reasons resulting in loss of income. reasons vary even my take is narrow

ANC voters think the markets are here to serve them..There is a lawyer @interrec who has been exposing how black customers are charged exorbitant interests to facilitate just this ...The GNU is a scam

You can start affording and end up not affording due to a lot of factors, including inflation.

Are these all repo’s? How much are they selling them for and where is that?

Yes babe it’s in JHB I dnt know the prices though

Y buy new car ??? go get a personal loan n look for the same 2nd car with a personal loan if u fail to pay the loan u will still remain with a car... Blacklisted then bounce but another one thru loan... Financing is a problm...

And or life changes. Companies get liquidated, jobs end, tragedies happen, you are fired for standing for your rights. It’s not always financial irresponsibility.

Take it from a guy (Me) who has played this qualifying game. If you know whats good for you, leave a cash life, yes cheap car, build from scracth (semi rural) and you won't have any challenges...It takes long but it's worth it
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