This isn't America. Here is season 6 ep01 of an ENTIRE reality show series in England collecting money from people not paying debts [many of them payday loans]. In England they just walk into your home and start taking things. In Dubai they put debtors in prison. Isreal is covered in payday loans.

https://www.youtube.com/watch?v=n6yBiasqMnM

https://www.detainedindubai.org/post/the-truth-about-leaving...

https://www.jpost.com/special-content/the-fall-of-payday-loa...

Crippling student loans or medical bankruptcy does not exist in UK or any other European country, so that's a pretty bad comparison.

I was not referring to just payday loans.

It’s terrifying how many Europeans come out and defend payday loans and pretend their system where it’s more difficult to declare bankruptcy is somehow better than the US debt system.

Where did you see Europeans defending payday loans?

It’s terrifying that people in this thread think economies built on debt and usury is a uniquely American system. These types of posts are basically just turning into reddit