I once worked with a guy who bought a NEW truck at 27% interest. That kind of rate is the only way he could get the credit.
He was also one of the stupidest people I ever met, as you might have already guessed. But that's another story.
I suppose this could be more effective (and safer) than the repo man. A reminder of impending consequences rather than a burly bald guy being followed by a bunch of TV cameras shwoing up at 5 AM....
If you can’t get the credit, buy something cheaper. at 27%, he coulda put it all on a credit card and came out ahead.