Predatory Lender Returns Man’s Repossessed Truck Ahead Of Christmas Syndicated Local – CBS Los Angeles
LOS ANGELES (CBSLA) – Money experts say ’tis the season for some to get stuck in predatory loans – landing people in debt that can be tough to get out of.
One local man ended up owing almost four times what he took out, and his car was repossessed.
“It was my truck, and then we gave it to our son one year for his birthday, Christmas and graduation all together,” said Darrell Scriven.
His beloved pickup truck – with his last name on his personalized plate – was repossessed on his son’s birthday this year.