> I think there should be a mandatory 20 minute education session for anyone taking out a payday loan/installment loan I've re-read that sentence several times

> I think there should be a mandatory 20 minute education session for anyone taking out a payday loan/installment loan I've re-read that sentence several times now and each time it makes more sense. I'm not sure how it could be deployed in practice, but the notion that before you do this there's some level of attainable, reasonable education you have to absorb first would be useful. A 10 minute lesson before signing up for a loan that explains exactly how it works in a simplified format might make up for the systemic lack of financial education throughout formalised schooling. Might. Would certainly be interesting to see it happen/interested in helping it happen.