John Oliver Explains How Payday Loans Will Keep Screwing You Forever

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On b.e.t. They use to run the Indian loan company and the rate to pay back was crazy as hell, like you'll end up taking a loan out just to pay that one off.

They aired them a lot when Bernie mac was on in the morning

Those title loan places the devil to.
 
Taking advantage of desperate individuals in desperate situations who believe they have to take desperate actions and have no knowledge of other possible options. The American Way
 
Have you guys seen how these people live and act? People are responsible for their own actions too. Baby mamas, baby daddies, dodging child supports, dodging bills, running out on rents, running out on family, borrowing money from friends, family, and to top it off, that's when payday loans come in as well.

So many of these people never pay them back anyway, I would say it's more like dog eat dog, it's ugly on both sides. These people borrowing money from these places aren't saints. Drug addicts, lazy bums, young kids with multiple kids, not the brightest out there obviously either. They are asking for trouble.
 
banginscrew901;7401405 said:
On b.e.t. They use to run the Indian loan company and the rate to pay back was crazy as hell, like you'll end up taking a loan out just to pay that one off.

They aired them a lot when Bernie mac was on in the morning

Those title loan places the devil to.

Yeah I remember ol girl the interest was almost 100% on a 10000 loan

And she was a fake looking Indian that could get the pipe

 
YC11;7844461 said:
Have you guys seen how these people live and act? People are responsible for their own actions too. Baby mamas, baby daddies, dodging child supports, dodging bills, running out on rents, running out on family, borrowing money from friends, family, and to top it off, that's when payday loans come in as well.

So many of these people never pay them back anyway, I would say it's more like dog eat dog, it's ugly on both sides. These people borrowing money from these places aren't saints. Drug addicts, lazy bums, young kids with multiple kids, not the brightest out there obviously either. They are asking for trouble.

Yep, there's no penance once you mess up on these loans. Trying to fix your credit after defaulting on the loans is hell.
 
these arent that bad IF you pay them back right away or across two paychecks. its the people who take on more than they can chew is who they are betting on getting one
 

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