Auto car loans
Loan-way to perdition. The urge to splurge is the primary reason driving the desire for a loan. When your closest friend Tom, buys himself a metallic green Corolla you cant help yourself resembling the color of his car. Green. With envy of course. He boasts that he bought it outright. He might not be lying, he might be earning a handsome paycheck. But you never investigate the truth.
And go by outwardly appearances which are deceptive yet so seductive. You are compelled to go by it. And you become restless all the more. Every time he gives you a lift you cant camouflage your Green disposition which by now can earn you the Green (Peas) award. Everyone wants to go green nowadays. I wonder which variety they are talking about, the figurative or the literal one. It should be the former. Rising demand for auto car loans does prove this fact.
Related word: Green Peace
So you might have an overdraft with your current Banker. Your Credit Card balances are not healthy either. You have forgotten the last time you paid your credit card minimum amount. Yet you are obsessed with this childish desire. To buy a new auto car loans. So you get down to business. Compare all the loan rates in the market. Approach the best finance companies online and off line. But they are not that eager to risk a loan to you. They are not giving away charities, are they Finally you land up at the neighborhood Auto Finance Company. Men and women too, generally have this habit of traveling entire cities in search of their favorite hair dye only to find it in the neighborhood store. Another theory says that if you fail to find a product by visiting three stores you are better off without that product. You might have attended those religion classes in your childhood and God remembers that and he doesnt want to see you skin deep in trouble by buying that forbidden product. But you find the first theory better than the second one.
To your pleasant surprise, you realize that this finance company in your neighborhood has been giving away liberal loans to residents in the region. But the market truth is the rates are only fractionally lower and in the long run the rates seem pretty even and there is nothing to choose between these finance companies. The agent is also a cheerful man. (He maintains this cheer despite your miserable track record in loan repayment). You start to wonder, that you are not that worse off as yet. He goes on length detailing about the inherent advantages of his finance option. You are interested in finalizing the deal and nod affirmatively to everything he has to say. You dont want to reveal your sense of impatience. After all you had approached several companies and been shown the door. After landing at the right place you dont want to squander this final opportunity. Though the agent appears eager to approve your loan, hes no rookie and analyzes your Bank and Credit Card Statements. Any high school drop out could do that. You start feeling frustrated as you sense disapproval of your request. The agent stares at you for a moment, and the next moment fixes the approval stamp on your application. You are on cloud number nine.
Related words: High School
The rates are a tad higher. But then you feel satisfied and you are not in a condition to visualize the long term consequences on your finances. The only thing up in your mind is visiting the Toyota showroom along with Tom, your friend and gives him an unpleasant surprise. You feel so happy when you imagine the expression on the face of Tom. Its not that you never owned a car. But you sold it to repay your housing loan. And have been forced to use the public transport since you divorce to Rita.
But this new vehicle, sexy it may be. Not sexier than the receptionist at the Finance company. Her smile still lingers in your mind, but the auto car loans finance repayments are bound to haunt you forever. The spiraling gasoline costs also wont help your pockets either. So the war in Iraq and the manhandling of Iran has started affecting you. We all live in a pretty secure world of ours and are totally oblivious to the world realities. At least we have started taking notice of the world map. We now know where India is thanks to their geek programmers, China is a bigger country now thanks to its exports of cheap underwear and braziers.
So you have indulged your self and pampered the child inside you. But then when the child commits mischief he gets spanked and scolded. No ones going to collar you until you are prompt in your repayments. But then those repeated calls and SMS and e-mails for payment reminders are certainly things you could do without. But no pain and no gain. After a while you feel that this new auto car loans isnt new anymore. Its been two years and now you feel the pinch of maintenance costs. You plan to sell your car. You are prepared to use the public mode of commuting much to the dismay of your friends. They feel that you were relatively better off. At least that was what you were trying to prove. But you know deep inside that the situation is going out of control. And you can fool all the people on earth and they are just as happy to be disillusioned by false prejudice. But in the end you and only you have to pay the price for deceiving yourself.
Everything might appear rosy outwardly but then only when you speak out to yourself you understand the realities and its always good to arrive late than never. These loans are in fact deceptive and they take away all your future incomes. It might have devastating effect on future economies and might lead to unregulated flow of incomes from individuals to corporations. People realize this truth but deliberately overlook it only to find themselves burdened with unmanageable credit.
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