The reason for this is that nobody can make it to court without his transportation. The car owner can't make his loan payments. The car is repoed. The owner can't make it to court to show that he paid the loan off in advance, before he got the car or the loan. How did he pay it off? By making the promissory note a thing of value by signing it. How much value did the promissory note have before he signed it? None. How much was it worth after he signed it? The value of the car. He paid off the loan with the promissory note or final loan app. --- Tom Schauf was a bank CPA who discovered that loans are paid off in advance, by the value of the signature on the promissory note. The whole process is a creation of new money. Tom found this out by doing his job, auditing bank ledgers, which didn't seem to make sense to him, until he applied this simple logic. Search https://duckduckgo.com/?q=Tom+Shauf%2C+bank+freedom&ia=web.