Dave Ramsey details a whole list of terrible financial ripoffs that nearly every American has done at some point:
• Car leasing is the most expensive, worst car financial deal on the planet.
• Whole-life insurance is the payday lender of the middle class.
• Student loans are ripping off the student and the country.
• Credit cards are not worth the interest rates to buy stuff you don’t want.
• Payday lenders are the scum of the earth.
• Rent-to-Own items could have been bought for the price of just three payments.
• Timeshares make you rent and pay interest for your vacation as long as you are part of it.