Online installment loans have taken the subprime market by storm

Re:Online installment loans have taken the subprime market b... by mumblemumble on Tuesday October 29, 2019 @01:16PM (#21389589)

It is generous; I think that's about in line with median personal income in the US.

If a person can't make ends meet on that kind of money in Fremont, that probably says more about Fremont than it does about anything else.

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Re:Online installment loans have taken the subprime market b... by greenshackle2 on Tuesday October 29, 2019 @02:17PM (#21390373)

"In line" is a bit of a stretch, the median gross personal income for full time workers in the US is slightly below 4000 per month.

EDIT: The median personal income for all workers (including part-time), is of course much lower, more like 2700.

But it doesn't make that much sense to compare the national median income with a high CoL area, where you also expect higher salaries.

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