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Part 5 of the car debacle

Part 1 of this story Part 2 Part 3 Part 4 A few minutes after I called my friend at the Credit Union National Association to help out (see Part 3), I got this email from John's friend. The writing is spectacular. Also, jesus! Can you believe this? "First of all, many of those people who commented have very good ...

Part 4 of the car debacle

Part 1 of this story Part 2 Part 3 After I heard about "John" getting a poor car loan (we're still not sure why, although it might have something to do with his poor credit and being very dumb), I started feeling sorry for him. This is despite the fact that his very-nice friend kept trying to help him, but ...

Part 3 of the car debacle

See Part 1 and Part 2 of the car debacle. Here's another email from the iwillteachyoutoberich reader, a friend of "John." "My decisions concerning this ordeal revolves around one fact, that the car dealership made it clear when explaining the contract that John had 24 hours to return it with no penalties and 3 days (business ones) to bring it ...

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Part 2 of the car debacle

In Part 1 of this true story, which just happened, an iwillteachyoutoberich reader wrote about his friend, John (not his real name), who got a 17% car loan and didn't realize how much he would actually be paying. The reader wrote me asking for advice, which I turned over to the readers on this site, and you provided over 40 ...

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Oh my god — it will be a dramatic day of posts

I had a bunch of stuff I wanted to post today, but I just threw it out the window after I saw some new emails come in. Yesterday, I wrote about the guy who bought a car, got ripped off, and was embarrassed. Check out the comments on that post, which are excellent. Well, a lot has happened since then. ...

Guy gets ripped off, is embarrassed

Here's an email I got just now (names changed). I need a little help. Well actually a lot of help. My friend got suckered into a TERRIBLE car deal. I mean bad. I don't know all the details but I know he has a contract for 6 years on a $20,000 car with a APR of 17.something%, and ...