• jordanlund@lemmy.world
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    1 year ago

    Meanwhile, my completely paid off car got totalled and while shopping around for a car loan, I can’t find one (even through my credit union, with an 800 score) less than 8%.

    Good thing I work from home or I’d be SOL.

    • silence7@slrpnk.netOP
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      1 year ago

      Yeah, the Federal Reserve forced interest rates up in order to lower inflation. Amazingly, they did it it without causing mass unemployment, which has been the usual way they’ve managed to lower inflation.