like maybe if you're considering a payment plan for your private-taxi'd burrito, you should uh ... maybe not buy a private taxi for a burrito. I don't think it's morally bad to indulge sometimes but like c'mon who is that addicted to getting food delivered??
I mean, I get you, but I think we’d more productively focus our ire on the people willing to profit off of exploiting people with nothing and the people dismantling what little state capacity there is to punish this sort of scammy shit.
I sometimes daydream about establishing a payday lending coop with reasonable rates and alternative paths to debt relief to severely undercut the payday lending industry. I just need $100k(?) to start. I would likely die in suspicious circumstances and found in a bayou if I really went for it.
Payday loan sharks absolutely prey on the poor but provide a needed service because of how deep the rot is. You can provide that service with a much lower or zero margin and remove the knife from their backs, at the risk of catching one yourself
I don't think a payday loan service like that is possible. Even with zero% margin at least some of the borrowers will miss payments and the funds for loans will slowly drain away with no way to replenish them. Better off just going the whole way so raising &giving the money as charity.
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Store card. Only 57% interest.
...they just take your organs.
https://youtu.be/jgCgViLnvR0?feature=shared
Not so much now
Repo man: just poop in the bag buddy, I ain't got all day.