Lending to the poor not only barely happens, it’s a market overrun with predatory lenders. I remember an ad that used to run on late night TV that buried someth

Lending to the poor not only barely happens, it’s a market overrun with predatory lenders. I remember an ad that used to run on late night TV that buried something like 150% APR in the fine print, attempting to avoid US regulation by nature of being operated on a Native American reservation. Who took them down, you ask? That oh so useless CFPB. Edit: Here they are. Look at the image of this woman’s loan: https://www.freep.com/story/money/personal-finance/susan-tompor/2015/09/24/western-sky-cash-call-michigan-refund/72733064/ https://www.freep.com/story/money/personal-finance/susan-tom...