auto loan
An auto loan is a magical pact in which one trades tomorrow's wallet as collateral to obtain a rolling status symbol called an automobile. At the moment of purchase, you are flooded with exhilaration, feeling like the heroic master of the open road. In reality, it is a long relay race where a tiny vampire called interest feasts on your funds with unerring punctuality, a lifelong marathon of your finances. By the time it is paid off, the car's value will have dwindled to a mere fraction, while your status will forever bear the shadow of debt.