This looks like debt peonage in spirit, if not letter
Conversation
Replying to
'[FTC], which examined 5,000 portfolios of debt purchased by the nation’s largest debt buyers, found that only 12 % included documentation"
Replying to
Sometimes it seems like people should have to pass a licensing test on compound interest and basic contract law or be restricted to layaway
2
2
3
Replying to
I suspect if we dropped licensing for driving privileges, and introduced it for accessing consumer credit, lives would be saved, net.
1
2
2
Show replies
