Online installment loans have taken the subprime market by storm

Re:Online installment loans have taken the subprime market b... by asdfman123 on Tuesday October 29, 2019 @04:03PM (#21391390)

Thank you, people don't acknowledge that simple point of logic often enough -- debt is a mindset.

Really what we need is a culture of saving, but a part of me feels that many people in our culture find that extremely difficult because billions of dollars are spend every year on propaganda designed to try to get us to spend more (read: advertising).

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Re:Online installment loans have taken the subprime market b... by colechristensen on Tuesday October 29, 2019 @04:17PM (#21391512)

For an economy, too much saving is as much a problem as too much debt. We're all just paying each other to do things and acquiring capital just to have it past the point where you need it kills jobs and concentrates wealth away from people less fortunate.

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