Schneider lease agreements. Dakota financial. Slave contact

What does Dakota Financial have to do with Schneider? Seems like a 3rd party finance operation. Schneider Finance is Schneider’s leasing operation.

 

Not really:
slav·er·y
(slā′və-rē, slāv′rē)
n. pl. slav·er·ies
1. The condition in which one person is owned as property by another and is under the owner's control, especially in involuntary servitude.
2.
a. The practice of owning slaves.
b. A mode of production in which slaves constitute the principal workforce.
3. The condition of being subject or addicted to a specified influence.
4. A condition of hard work and subjection: wage slavery.

 

What’s Schneider have to do with it…?

 

I like your trolling technique. Very clever.

 

When you say everyone,speak for yourself. Not everyone is being taken advantage of.

 

Unless I missed something the op said nothing in regards to the equipment being leased .
What is it ? And is it new or used ?
How is the op's credit ?
Sounds to me like the finance company is makeing dam sure they are covering theyre arse in the event of a default situation .
The days of the 150k new truck and easy cheap money have long passed and with market uncertainty nobody is offering bargains .

 

So, you walk into a bank for a commercial loan and all they want is your check book balance?
So, you've never walked into a bank looking for a commercial loan.
My best guess.

Commercial loans are waaaaayyyyy different than a loan to buy a house.

 

So after the $30,225 down payment the amount financed is $45,339.
Forty eight payments of $1916 is a total of $91,968.
That's a 40% interest rate folks!!!

For a $75564 purchase your deferred payment price would be $122,193.