{"id":8421,"date":"2016-08-20T23:51:54","date_gmt":"2016-08-21T03:51:54","guid":{"rendered":"https:\/\/www.duck9.com\/?p=8421"},"modified":"2016-08-20T23:58:52","modified_gmt":"2016-08-21T03:58:52","slug":"car-loans-cs183carloans","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/car-loans-cs183carloans\/","title":{"rendered":"Car Loans #cs183CarLoans"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>By Larry Chiang.&nbsp;<\/div>\n<div><\/div>\n<div>Id tell you to avoid buy-here-pay-here&#8230;, but you know already<\/div>\n<div><\/div>\n<div>Let us laugh at people that did not prepare their FICO.&nbsp;<\/p>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/361307546\/larry-chiang9-duck9-business-card_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px;\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">CEO of Duck9, Larry (<a href=\"https:\/\/twitter.com\/6502838008?refsrc=email&amp;s=11\">@6502838008<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/6502838008\/status\/767163917848018944?refsrc=email&amp;s=11\" style=\"background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">8\/20\/16, 5:58 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Auto Lending: Last Week Tonight with John Oliver (HBO).&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23cs183CarLoans&amp;src=hash\">#cs183CarLoans<\/a><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><a href=\"https:\/\/t.co\/2NvxGx7qWq\">youtube.com\/watch?v=4U2eDJ\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><a href=\"https:\/\/www.youtube.com\/watch?v=4U2eDJnwz_s&amp;sns=em\">https:\/\/www.youtube.com\/watch?v=4U2eDJnwz_s&amp;sns=em<\/a><\/span><\/div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px;\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Larry Chiang (<a href=\"https:\/\/twitter.com\/larrychiang?refsrc=email&amp;s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/larrychiang\/status\/767161926853939200?refsrc=email&amp;s=11\" style=\"background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">8\/20\/16, 5:50 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">One Kia, eight owners &#8211; Documents &#8211; LATimes&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23cs183carLoan&amp;src=hash\">#cs183carLoan<\/a>&nbsp;<a href=\"https:\/\/t.co\/BGb0gjJZYO\">documents.latimes.com\/one-kia-eight-\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2016\/08\/image1-2.png\" alt=\"image1.PNG\" id=\"5C5B40AA-053E-45EE-B84E-D8F6922608A0\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<table style=\"border: 1px solid black; padding: 8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px;\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0);\">Larry Chiang (<a href=\"https:\/\/twitter.com\/larrychiang?refsrc=email&amp;s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/larrychiang\/status\/767160975858372608?refsrc=email&amp;s=11\" style=\"background-color: rgba(255, 255, 255, 0);\"><font color=\"#000000\">8\/20\/16, 5:46 PM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">Wheel of fortune: A vicious cycle in the used car business &#8211; Los Angeles Times&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23cs183carLoan&amp;src=hash\">#cs183carLoan<\/a>&nbsp;<a href=\"https:\/\/t.co\/nMRU9uKTQl\">latimes.com\/projects\/la-fi\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0);\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2016\/08\/image2.png\" alt=\"image2.PNG\" id=\"145E046C-2944-4AF1-B795-2D6A5168FF97\"><br \/>Negative equity = upside down = you do not own your car, your car owns you.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\">It&#8217;s like when a Stanford engineering founder takes a mortgage out on their startup (aka a VC investment), and then is given back their stock over a four-year vesting schedule. &#8220;Negative equity&#8221; sucks.&nbsp;<\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<table style=\"border:1px solid black;padding:8px;\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width:48px;height:48px;padding-right:8px;\"><\/td>\n<td><b>Larry Chiang (<a href=\"https:\/\/twitter.com\/larrychiang?refsrc=email&amp;s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/larrychiang\/status\/767161926853939200?refsrc=email&amp;s=11\">8\/20\/16, 5:50 PM<\/a><\/div>\n<div>One Kia, eight owners &#8211; Documents &#8211; LATimes <a href=\"https:\/\/twitter.com\/search?q=%23cs183carLoan&amp;src=hash\">#cs183carLoan<\/a> <a href=\"https:\/\/t.co\/BGb0gjJZYO\"><span>documents.latimes.com\/one-kia-eight-\u2026<\/span><\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<div id=\"AppleMailSignature\">\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang.&nbsp; Id tell you to avoid buy-here-pay-here&#8230;, but you know already Let us laugh at people that did not prepare their FICO.&nbsp; CEO of Duck9, Larry (@6502838008) 8\/20\/16, 5:58 PM Auto Lending: Last Week Tonight with John Oliver (HBO).&nbsp;#cs183CarLoans youtube.com\/watch?v=4U2eDJ\u2026 https:\/\/www.youtube.com\/watch?v=4U2eDJnwz_s&amp;sns=em Larry Chiang (@LarryChiang) 8\/20\/16, 5:50 PM One Kia, eight owners &#8211; Documents [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8421","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/8421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=8421"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/8421\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=8421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=8421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=8421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}