People need to be educated how these loans, payday loans, credit cards etc can snare you in debt which is hard to get out of. I don’t know if more regulation is needed, but, an educated consumer, no matter how much financial difficulty they are facing, will know to avoid these places. How do we educate the unaware low information types to not get a Car title loan ; to not get a payday loan???
Aren't kali-fornia schools hotbeds of intellectual stimulation and learning?
is a sarcasm tag needed?
An employee of an aquaintance of mine inherited his grandmothers farmhouse before the mortgage meltdown and immediately borrowed money against it to buy 2 new vehicles.
His boss couldn’t make him understand that he just took out a 15 year loan on 2 autos.