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A comment on Regulators Shut Down Lending Platform (YC Alum) LendUp. Parent comment

Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by jacquesm on Wednesday December 22, 2021 @05:21PM (#29656229)
In other countries there are institutions such as municipal banks that will borrow you the money at a reasonably low interest rate. The US is fairly unique in having legal usury where loansharks are allowed to prey on poor people.
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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by davedx on Wednesday December 22, 2021 @05:55PM (#29656556)
UK: hold my beer…
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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by edoceo on Wednesday December 22, 2021 @06:07PM (#29656645)
Can you expand?
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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by jacquesm on Wednesday December 22, 2021 @06:09PM (#29656655)
The UK has payday loans as well. As do a few other countries.
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