This is the same reason companies used Groupon with their terrible economics or people take cash advances on their credit cards: you need the money today even i

This is the same reason companies used Groupon with their terrible economics or people take cash advances on their credit cards: you need the money today even if it is incredibly expensive and sub optimal. Does the GP also think we don't need laws for CC companies because the high levels of consumer debt show people obviously want 20%+ interest rates?