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This is the reason - because we are lending to anyone and everyone. It’s similar to subprime - no need to prove ability to pay the loan back. Only you can’t dis
by listless 4y ago
This is the reason - because we are lending to anyone and everyone. It’s similar to subprime - no need to prove ability to pay the loan back. Only you can’t discharge student loans with bankruptcy so it’s almost worse in the long run. It’s predatory lending by another name.