https://www.bloomberg.com/view/articles ... bank-fines
Oh well. Maybe if they hadn't had their hearts set on such a fancy dog (some exotic breed called "Golden Retriever"). Who pays thousands of dollars when you can get one for free at the SPCA?The Sabins had bought their new dog, Tucker, with financing offered at the pet store through a company called Wags Lending, which assigned the contract to an Oceanside, California-based firm that collects on consumer debt. But when Dawn tracked down a customer service rep at that firm, Monterey Financial Services Inc., she learned she didn’t own the dog after all.
“I asked them: ‘How in the heck can I owe $5,800 when I bought the dog for $2,400?’ They told me, ‘You’re not financing the dog, you’re leasing.’ ‘You mean to tell me I’m renting a dog?’ And they were like, ‘Yeah.’ ”