Quote:I see your point, but in both cases, it's a matter of financial discipline. In the first case, an elderly couple shouldn't be financing anything, especially if they are living off of social security. Social security is not a retirement plan.


In the second case, the young person was buying something that they could not afford.


As I said before. If someone wants to buy a new/late model vehicle, they should save up for it. $0 down type of loans is part of the reason that caused the financial crisis in 2000 and 2008. If you can't afford at least 10% down on a purchase that you are going to finance whether it's a car or a home, then you really can't afford it.