New Tactics to Make You Pay

Welcome to Blog Your Blessings Sunday.

Bought a new car with payments lately? Then maybe you're familiar with one of those little boxes affixed under your dash that ensure your lender payment as spoken of at USA Today. You know, the one that beeps incessantly if you default on a payment and then shuts off your car entirely if you don't punch in a code given only by your lender once you make that payment.

Lenders are getting tough about getting their money, and customers are getting cranky about it. Next thing we could see is these little black boxes on our homes locking us out, or worse. But let's face it. Lenders have a right to their money, and on time.

If we don't like it, we shouldn't borrow. Or we should be patient and long suffering to save our money enough to buy outright; a difficult feat, for sure, but if we don't want little black boxes controlling our lives, worth the second look.

Realistically, this is a warning of tougher standards ahead, and rightly so. Spending is way out of control and debt loads soar. Now is the time to make changes before consequences for payment defaults become so severe people land in prison.

Don't laugh. It could happen. Thankfully today, we still have time to change. And that's the biggest blessing.

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