Wannabet he paid cash for his $70,000 Bimmer? So why hadn’t he paid the loans off long before?
Probably for the same reason we paid off our student loans very slowly: we refinanced at ridiculously low rates. After inflation, they were paying us to remain in debt.
>So why hadn’t he paid the loans off long before?<
He tried and that’s what caused the issue to arise. He requested a payout amount and the loan holder wouldn’t respond. How else would he be able to pay it off?
EC