would make a mafia loan shark blush.

They make it so incredibly easy to get sucked into their system . . . and then it would be so easy to be hopelessly stuck.

I hope I never consider, or have to use, them. But where do people with tarnished credit turn? Again, low interest rate lenders won't help. I think best we can do is get the word out what using these loans sharks mean.

They'll take the poor's money, but they need it to be at arm's length.

But in reality they can't do that since they present themselves as loan agencies.

I knew someone who hit up every loan agency in town and never paid them back. They'd call them frequently threatening to call the cops and file charges for theft. It never happened.

But because it isn't "the bank" doing it, but an investment arm of the bank, it is legal.
Look around, and you can see title loan companies, and even pawn shops who prey on the poor.
They are buying up all the gold they can get. Because it is legal to buy and sell gold jewelry, of course.
And then they melt it down into gold bars.
Look around some more, and this is the tip of the iceberg. We are exploited by corporate greed in so many ways.
I have wondered what the real solution to all this might be? And the only solution that comes to mind is some sort of revolution, where the ordinary person overthrows the corporations that run this country. I hope it won't come to that, but it scares me that it might. Unless Congress enacts laws to start staunching the flow of blood from the veins of the ordinary person in this country, sooner or later there will be some sort of uprising.

to this nightmare.