Approving auto loans with negative equity should result in penalties for banks.

What infuriates me is that banks knowingly approve auto loans with negative equity. It’s a financial trap that drains people’s pockets and wrecks their credit, yet customers are rarely warned about the consequences. This kind of irresponsible lending deserves serious regulatory scrutiny and penalties. I mean, at the first place who the hell decides on how much negative equity is okay at the first place ? When was this regulation approved. I mean, it should be banned.

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u/Difficult-One-1245 — 34 minutes ago

$650 due to CRA, Grocery benefit of $160

Hello there, On july 3rd if I am expected to receive a deposit of $160 & if I owe $650 in taxes to CRA, do you think they will deduct all of it ? —-

P.S — the amount has been deposited, its all okay now..
There were no partial deductions or whatever !
Its all okay….

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u/Difficult-One-1245 — 5 days ago

Auto loan $17,500 left & Engine is damaged

2018 Honda Pilot
Mileage: 349,800 km (approximately 350,000 km)
Loan remaining: 36 months
Interest rate: 6.44%
Bi-weekly payment: $230
Payment history: Multiple late payments
Estimated repairs: Over $10,000
Current situation: Recovering from foot surgery (toe’s amputation), unable to work for several months, and currently unemployed.

Known Issues
Timing belt replacement: $1,500+
Transmission problems
Fuel pump vibration/noise
Engine failure
A local mechanic recommended installing a used engine with approximately 60,000 km for $5,500, plus labour, as the most cost-effective option.
Honda replaced the fuel pump under a recall about a year ago. However, approximately 14 months later, the fuel pump issue has returned.
Given the vehicle’s condition, high mileage, significant negative equity, and my current financial and medical situation, what are my realistic options?

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u/Difficult-One-1245 — 7 days ago
▲ 3 r/Sufism

When did you first hear about Shaykh Musab Penfound ?

It has been quite recent that I started watching his reels but I wonder if anybody here knows when did they first hear about Shaykh Musab Penfound ?

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u/Difficult-One-1245 — 30 days ago

In Oakville, can you suggest an effective ‘Endocrinologist’ for Type 2 Dia

I haven’t been very satisified with the health educator and also my current doctor in the town of milton., & I have realized that there must be effective Diabetes specialist in oakville., if there is - kindly suggest

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u/Difficult-One-1245 — 1 month ago

Comparing Dexcom G7 with Free style Libre 2 & 3

I chose the Dexcom G7 to save money. It costs $99.00 per sensor and lasts 10 days. The app installation was straightforward and is working well. If you can monitor atleast 20 days per month, you can save $100.00

Cost comparison:
Dexcom G7: $99.00 / 10 days 🇨🇦
FreeStyle Libre 2: $118.00 / 14 days 🇨🇦
FreeStyle Libre 3: $122.00 / 15 days 🇨🇦

Diabetes is expensive and demanding. It’s a constant cycle of monitoring, control, diet management, medication, stress reduction, and lifestyle adjustments. The costs add up quickly, but consistent monitoring remains one of the most important tools for preventing complications.

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u/Difficult-One-1245 — 1 month ago

Figuring out the domain -

Since 2009, I’ve been working as an Operations Associate (Contact Center Agent). I intentionally chose not to pursue Team Leader or Assistant Manager roles. Looking back now, I realize I’ve built 16+ years of deep operational experience within a B2B environment.

My background includes performance metrics, CRM applications, customer records management, account creation/closure, billing, payments, service requests, ticket handling, follow-ups, and overall operational duties.

I’m now looking for guidance on transitioning into a Business Analyst role, including choosing the right domain. If anyone with relevant experience can share a roadmap or advice for someone with my profile, I’d truly appreciate it.

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u/Difficult-One-1245 — 2 months ago
▲ 3 r/Sufism

Why do we laugh while Allah is polishing us & bringing us more closer to him ?

While going through a process of (Tazkiyah Nafs) & you feel Allah swt is blessing us with Growth and you can see that Allah swt is creating ways & you are astonished & then ultimately you laugh knowing that Allah is polishing us & bringing us closer to him —- This Laugh which is coming out of sincerity —- (Deep sigh’s)-
Allah Allah Kareem Allah

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u/Difficult-One-1245 — 2 months ago

Activities that can recharge or reset - Uber delivery drivers

(Deep sigh…)
To begin with — 40 hours in two weeks feels exhausting, and sometimes even 58–60 hours in two weeks. Thursdays, Fridays, Saturdays, and Sundays just choking the hell out of Uber… then crashing straight onto the bed.
Makes me wonder — what do you guys do to genuinely recharge or reset yourselves?

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u/Difficult-One-1245 — 2 months ago

There must be a solution to this

I live in Mississauga- Ontario —- For the past few years, my employer provided health coverage, so I was paying only $38 per month for my diabetes insulin at Costco Pharmacy. Since losing my job, that same insulin pack now costs $171.
This additional $135 monthly expense has become a serious financial burden, and I’m genuinely worried about how to manage it long term. There has to be some solution or assistance available — I would truly appreciate any guidance. (Deep sigh’s)

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u/Difficult-One-1245 — 2 months ago
▲ 57 r/Milton

After being operational for more than 40 years, this scotia bank location has permanently closed , this was next to the food basics & pizza pizza at 500 Laurier Ave - they have moved to 880 Main street East (milton common) thats about 3.5 kms away from this location !

u/Difficult-One-1245 — 2 months ago

Yes, you’ve read that right, I regularly pickup orders from chick fil a & there is this guy who works there as a manager; he looks after more than 10 agents working & today while I was picking up order at some other restaurant , he was standing right next to me & he was doing uber deliveries too …..

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u/Difficult-One-1245 — 2 months ago