memes

I worked in IT for a company that did the warranty financing for about four months many years ago - so I wasn't directly involved in the scamtacular stuff. There were actually two sides to that business. The commercial warranty financing was legit: businesses that needed to have warranties on expensive construction equipment (for example) would finance through us, because those policies were expensive.

Once I figured out exactly what was going on on the consumer warranty financing part, I was looking for another job. And then some other company came in and bought the consumer part, lots of people got laid off, and while I was not one of them, it hastened my exit.

The whole thing on the consumer side is just barely this side of legal, but it is most definitely not ethical. Most of the people who were on the hook for these policies were just being preyed upon and squeezed for money. Lots of elderly, lots of lower income people just looking for something to protect themselves, lots of people with mental health issues.