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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 pyrale on Wednesday December 22, 2021 @06:47PM (#29656944)
> Consumers know what’s best for them.

The rest of the world would prefer you not to crash the world economy like it happened in 2008, for the sake of a clueless aphorism.

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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by jdavis703 on Wednesday December 22, 2021 @07:12PM (#29657149)
Except in 2008 many people did not understand what their actual monthly bill would be with an ARM in a worst case scenario, and banks were more than happy to handwave away any concerns.
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