> They’re exploiting the economically and financially illiterate who have self control issues. Let’s just call it what it is

As the post to which you replied did, without needless judgement:

  I view it kinda similar to gambling apps with their 
  endlessly optimized special offers designed to exploit the 
  human monkey brain.

If it were truly as exploitative as you're suggesting, wouldn't the aggregate consumer fees/interest be more than the merchant fees?

You have to clear credit checks to get a credit card. Theres also generally a more involved application process (at least a little bit). The added barriers helped prevent the most financially unstable people from getting them.

There's plenty of problems with the system, but at least it's more difficult for people to get preyed on by credit card companies.

I see these companies like Klarna as not any better then payday loan places.

Yep.

Sure, but so do credit cards in largely the same degree. But there's a lot less moral outrage about credit cards

Having a credit card allowed me to cancel my non-savings account and not pay bank fees. I use my credit card to pay for everything and then pay the credit card from my savings account. They are so dumb lol.

Oh really? Not in my neighborhood.

If you had a decent enough credit rating, there would be no need to use klarna as you’d already have credit on better terms.

You clearly don’t get it pal.

Predatory lending is a specific kind of targeted, exploitative lending. The form it takes is irrelevant (See below). And 2 wrongs don't make a right, but 3 lefts do.

- Credit cards with absurd fees and rates

- Payday lending

- Point-of-purchase loans

You mean adult humans who can make their own choices?

Lets not infantilize people.

Usury is wrong even if it should be obvious to the debtor

Society has to come down especially hard on usury specifically because the victim wants to do it.

You sound like the type of guy who condones businesses like payday loans.

I accept that people can make their own choices free of coercion. Were talking Taco Bell here, dont be dramatic.