Re:Regulators Shut Down Lending Platform (YC Alum) LendUp
by dnautics on Thursday December 23, 2021 @10:02AM
(#29662451)
> The US has relatively generous bankruptcy laws
We absolutely need to destigmatize bankruptcy, too. And also do things like make medical and student debt dischargeable. Debt is and always should be a risk -- for the lender, who is literally getting free money out of the contract.
We absolutely need to destigmatize bankruptcy, too. And also do things like make medical and student debt dischargeable. Debt is and always should be a risk -- for the lender, who is literally getting free money out of the contract.