I've railed on this topic in the past on HN. We've built a society where debt (credit, loans, etc) in some form is essential to virtually anyone's participation

I've railed on this topic in the past on HN. We've built a society where debt (credit, loans, etc) in some form is essential to virtually anyone's participation in the economy. Blocking poor people out of this system doesn't do anything to help them, nor does it meaningfully move the needle in terms of the total risk existing in our economy. Nobody is better off without Discover or Capital One.