So I am working as a temp in the collections and repo department of a very large company. I call it the world of sad. I am not sad working there, but the constant defaulting on loans, the constant repo-ing of cars, and the flood of mail from the bankruptcy courts is just sad.
No, I don't call people. I would cry hearing everyone's hardship story.
I don't know how the collectors do it everyday.
I do paperwork and enter things into the computer.
I am scared to ever finance a car again.
Today I had to overnight a letter to a DEAD MAN. Yeah, that's right. We send lots of mail to dead people. If they don't pay up, we repo. If their family members don't pay up, we repo the car.
I can say:
1) Buy the cheapest, cheapest car you can. And unless you haul around a dozen people every single day, then don't buy those expensive big cars. If I were a mom, I would just make all my kids ride bikes and tell them it's good exercise. If the baby can't crawl his/her way there, the baby can stay home. Okay, that's a joke.
2) So many cars are bought by parents or grandparents for their children or grandchildren, and then the kids (the grown kids) can't or don't make car payments. Who is stuck with the loan? Not the kids.
3) Everyday I pray for the people I have to send mean mail to. I pray for our country. I pray that my own car (TWELVE YEARS OLD my car is) keeps on running. It's scary out there in finance land, but you know that.
I thought about adding an image here of a car being repo'd, but it's scary. This is a nice Catholic blog.