Lending to the poor not only barely happens, it’s a market overrun with predatory lenders. I remember an ad that used to run on late night TV that buried something like 150% APR in the fine print, attempting to avoid US regulation by nature of being operated on a Native American reservation.

Who took them down, you ask? That oh so useless CFPB.

Edit: Here they are. Look at the image of this woman’s loan:

https://www.freep.com/story/money/personal-finance/susan-tom...

I don't understand why reservations are allowed to assert sovereign immunity while acting as commercial entities