The only thing special about sex workers in this situation is the politicized nature of their work. The industry they work in, and they way they conduct their b

The only thing special about sex workers in this situation is the politicized nature of their work. The industry they work in, and they way they conduct their business, simply doesn’t align very well with the risk management strategies of conventional financial institutions. Any form of non-conventional work is going to run into exactly the same problems. I know this because the same thing happens to me. Nearly all my income comes from InfoSec-related contract work, and most of my customers are overseas. This is a very non-conventional working arrangement, so when conventional financial institutions apply their routine risk assessment processes to my situation, it produces a lot of “computer says no” outcomes. For instance I was recently told that I would need to provide 90% collateral in order to get a car loan, despite being able to prove having a very high income over the past 12 months. Clearly a stupid situation, but with a perfectly rational explanation. The problem here is a tiny niche of customers not being catered to by large institutions. The reason for this is because tiny niches of customers are typically not worth the effort to large institutions. But that conclusion is unlikely to attract much outrage traffic…