Correct. While it can certainly be abused as in your examples, not everyone has a deep well, reserve of funds. If that engine blows and the vehicle is a neccessity, you cannot tell the person "sorry, you can't take out a personal loan to fix it because of my beliefs on loans, you should have forseen the need and saved up money."
There is a thing called personal responsability, but there is also a thing called accidents/unforseeable expenses.
Correct. While it can certainly be abused as in your examples, not everyone has a deep well, reserve of funds. If that engine blows and the vehicle is a neccessity, you cannot tell the person "sorry, you can't take out a personal loan to fix it because of my beliefs on loans, you should have forseen the need and saved up money."
There is a thing called personal responsability, but there is also a thing called accidents/unforseeable expenses.