Birdwatch Note Rating
2024-10-12 18:37:36 UTC - HELPFUL
Rated by Participant: 1DEFC19929B2C580A99D02F73426DCE130B8B6075C1949F05660030B22D398C3
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Original Note:
Auto loan interest is higher for people with a lower credit score, which means that the burden for the interest actually would lie with poorer loan holders who typically have a low credit score. https://www.way.com/auto-loans/how-does-interest-work-on-a-car-loan?utm_source=google&utm_medium=cpc&utm_campaign=PMax_Airport-Parking_ROAS&gad_source=1&gclid=CjwKCAjwvKi4BhABEiwAH2gcw1wzVNyOc1KEKA9t97TbJ-UqeUYkEKRaMExFeik7ijM1OOqrstcIXxoC9UAQAvD_BwE In fact, black Americans would be best helped by this program- https://www.washingtonpost.com/business/2023/02/17/bad-southern-credit-scores/
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