Predatory on those who pay, not predatory on those who default. What's predatory on those who default is the pay-to-play system of credit bureaus. Credit makes

Predatory on those who pay, not predatory on those who default. What's predatory on those who default is the pay-to-play system of credit bureaus. Credit makes the modern economy run, but it churns out winners and losers. And some types of credit have more winners or more losers. At what point should society start banning such credit? Just once it crosses over into loan-sharking? Once it results in a net decrease of GDP? Have such analyses been done?