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Nobody is denying people credit. Payday loans are predatory and perpetuate poverty instead of helping to solve it. It would be great if they were transparent an
by mrhappyunhappy 8y ago
Nobody is denying people credit. Payday loans are predatory and perpetuate poverty instead of helping to solve it. It would be great if they were transparent and didn’t try to rob you in the process, but that’s just not how they work.
- oh_sigh 8y agoIf you need short term access to money, say for a week or two to pay rent or bills before a paycheck comes in, where would you get it?
- rayiner 8y agoIt’s not like there are lenders serving these demographics that don’t do whatever you think payday lenders are doing wrong.
- threeseed 8y agoThe majority of lenders would not give loans to people who could not afford them.
- mrhappyunhappy 8y agoIn theory, sure, not in practice.
- mrhappyunhappy 8y agoCome again? What is it that I’m saying they do? Do you even know what payday lenders do and how they make their money? If you did, you wouldn’t defend them.