Read: ten million Americans are caught in a cycle of predatory loan-sharking for petty cash because they’re fucking broke, and we refuse to fix any of that.
we refuse to fix any of that
That would interfere with the profits of the people fucking us over.
Its likely a large percentage of this is people addicted to online gambling, sports betting, future predictions markets and they’re dipping into predatory loans to scratch that itch more and more. A recent study found over half of young men have those apps installed on their phones.
“We’ve had one social evil, yes, but what about second social evil?”
Fuck that shit. It’s never worth it, even if it feels like it is at the time.
If ever you are in a position to need such a service, you are already genrally fucked. But those shitfuck companies thrive on those in so much poverty who are desparate and take full advantage of them.
Robbing from the rich is one thing. Robbing from the poor is beyond the pale.
I only used payday loans 20 years ago when I was young and dumb(er). And I mostly used it so I can buy weed quicker before payday. Shit is a scam.
