This looks like debt peonage in spirit, if not letterhttp://www.nytimes.com/2015/12/23/business/dealbook/sued-over-old-debt-and-blocked-from-suing-back.html …
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Sometimes it seems like people should have to pass a licensing test on compound interest and basic contract law or be restricted to layaway
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I suspect if we dropped licensing for driving privileges, and introduced it for accessing consumer credit, lives would be saved, net.
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