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It's rather paternalistic to assume poor people can't handle credit.
by wonnage 5y ago
It's rather paternalistic to assume poor people can't handle credit.
- jokethrowaway 5y agoThey would definitely be less poor if they could
- phist_mcgee 5y agoAre you kidding? Poor people of course cannot handle credit, because they don't have the cashflow or savings to prevent the use of credit in disadvantageous situations. I am not saying poor people shouldn't have credit, I am saying credit is most destructive for poorer people, and so any service that targets that market is exploitative of their misfortune.
- wonnage 5y ago> Poor people of course cannot handle credit That starts you down a very slippery slope of what other things poor people supposedly can't handle, because of course you know what's best for them.