In general, I agree with you and I almost typed the same. Getting a car loan is absolutely difficult, hence the existence of buy here pay here sorts of places. Predatory loans are basically the only thing available in an emergency.

But I figure some fringe cases would absolutely make someone be both poor and that much in debt, generally stemming from things like a family losing an income after buying a home and to a lesser extent, things like student loans and medical debt - though I*m not sure either go as high.