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>where they are against the law Is there a reason for that? To stop loan sharks, for example? (Which is a highly valid reason).
by marquis 15y ago
>where they are against the law
Is there a reason for that? To stop loan sharks, for example? (Which is a highly valid reason).
- dlss 15y agoI don't think GP was saying that the law had no reason for existing, just that its existence had an unfortunate unanticipated effect on microloans. (If you wanted to outlaw loan sharking, you pass something like the Fair Debt Collection Practices Act, not an "only banks can loan money" law)