Re:Tesla lays off more than 10% of its workforce
by xyst on Monday April 15, 2024 @09:41AM
(#40040450)
A quick check at my local credit union shows APRs between 6-7.5% for people with “excellent” credit.
Compared to when I bought my recent car, rates were hovering between 1-2% (2015-2017).
A large majority of Baby boomers in US reportedly do not have savings for retirement [1]. A large portion of the US living paycheck to paycheck. And many of those people do not have the savings to cover more than a $400 emergency. [2]
most people won’t have the liquidity to pay out of pocket. Thus why they reach for loan products. Either that or they forgo medical expenses or forgo other expenses.
Compared to when I bought my recent car, rates were hovering between 1-2% (2015-2017).
A large majority of Baby boomers in US reportedly do not have savings for retirement [1]. A large portion of the US living paycheck to paycheck. And many of those people do not have the savings to cover more than a $400 emergency. [2]
most people won’t have the liquidity to pay out of pocket. Thus why they reach for loan products. Either that or they forgo medical expenses or forgo other expenses.
[1] https://thehill.com/business/personal-finance/3991136-nearly...
[2] https://time.com/personal-finance/article/average-american-s...