Quote:
Originally Posted by vtec to vvel
People complain about 8% home and car loans. Interest rates say in the 80's/90's was close to 20% for homes loans and near 15% for car loans. And mind you, incomes were much lower then compared to now, even with inflation factored in.
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My fist car loan in 1981 was 30%. No joke! That was when we thought Carter was the worst President in history. Brandon said, hold my beer.
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