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You hit the nail on the head. It's terrifying how many Americans on this thread defend this despicable system as something normal and expected.
by bitcharmer 5y ago
You hit the nail on the head.
It's terrifying how many Americans on this thread defend this despicable system as something normal and expected.
- horns4lyfe 5y agoIt’s terrifying that people in this thread think economies built on debt and usury is a uniquely American system. These types of posts are basically just turning into reddit
- ransom1538 5y agoThis isn't America. Here is season 6 ep01 of an ENTIRE reality show series in England collecting money from people not paying debts [many of them payday loans]. In England they just walk into your home and start taking things. In Dubai they put debtors in prison. Isreal is covered in payday loans. https://www.youtube.com/watch?v=n6yBiasqMnM https://www.youtube.com/watch?v=n6yBiasqMnM https://www.detainedindubai.org/post/the-truth-about-leaving-a-debt-behind-in-dubai https://www.detainedindubai.org/post/the-truth-about-leaving... https://www.jpost.com/special-content/the-fall-of-payday-loans-in-israel-597941 https://www.jpost.com/special-content/the-fall-of-payday-loa...
- bitcharmer 5y agoCrippling student loans or medical bankruptcy does not exist in UK or any other European country, so that's a pretty bad comparison. I was not referring to just payday loans.
- kortilla 5y agoIt’s terrifying how many Europeans come out and defend payday loans and pretend their system where it’s more difficult to declare bankruptcy is somehow better than the US debt system.
- bitcharmer 5y agoWhere did you see Europeans defending payday loans?