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It's immoral to tempt someone into harming themselves, especially when it also benefits you. Payday loans tempt the weak with options that help in the (very) s
by wwalker3 18y ago
It's immoral to tempt someone into harming themselves, especially when it also benefits you.
Payday loans tempt the weak with options that help in the (very) short run, but harm in the long run.
The very existence of payday loans encourages self-destructive habits among the poor. Why budget carefully when you can just get a payday loan and kick the can down the road to next month?
And since many payday loan customers get these loans every month, the loans are really just an additional monthly bill for poor people.
- HeyLaughingBoy 18y agoI used to have a girlfriend who was a recovering alcoholic. I remember her telling me, "I couldn't pay my tuition; I had to struggle to get enough money to put gas in my car; I could barely pay my share of the rent. But I never had trouble finding money for booze!" Luckily for her she eventually figured out she needed to fix her life and did so. There's a segment of the population who habitually make bad decisions. I've known enough of them to understand that they usually know they're making bad decisions, but they either don't care or don't have an alternative. Here's the important part: You can't fix people Some people will use payday loans to get themselves deeper in debt; most of them will use them as a temporary crutch to get out of a hole. Don't screw the latter over in your fervor to "help" (and I use that term loosely!) the former.