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The problem with loans are you have to repay them. Giving out loans as a social safety net is a cruel joke. It just makes people worse off in the long run.
by spookthesunset 7y ago
The problem with loans are you have to repay them. Giving out loans as a social safety net is a cruel joke. It just makes people worse off in the long run.
- jfim 7y agoZero percent interest loans over a long enough repayment period (eg. ten years) would work though. It allows spreading the immediate loss in sales over a much longer period. Not that it would happen though.