jeffw@lemmy.worldM to News@lemmy.world · 7 months agoThe rise of the scammy car loanwww.vox.comexternal-linkmessage-square68fedilinkarrow-up1137arrow-down15
arrow-up1132arrow-down1external-linkThe rise of the scammy car loanwww.vox.comjeffw@lemmy.worldM to News@lemmy.world · 7 months agomessage-square68fedilink
minus-squareblurg@lemmy.worldlinkfedilinkarrow-up1·7 months agoAnd what would be better recommendations for the poor individuals trapped by loans?
minus-squarejeffw@lemmy.worldOPMlinkfedilinkarrow-up1·7 months agoRegulatory reform? Not “just go buy a laptop and study amortization before you buy”.
minus-squareblurg@lemmy.worldlinkfedilinkarrow-up1·7 months agoYeah, that sounds reasonable in the long run (years), while the laptop plan is more immediately useful.
minus-squarejeffw@lemmy.worldOPMlinkfedilinkarrow-up1·7 months agoYes, telling poor people to buy laptops is so practical
And what would be better recommendations for the poor individuals trapped by loans?
Regulatory reform? Not “just go buy a laptop and study amortization before you buy”.
Yeah, that sounds reasonable in the long run (years), while the laptop plan is more immediately useful.
Yes, telling poor people to buy laptops is so practical