It is assumed that when anyone gets into debt, the fault is entirely and always the fault of the lender.
I would question any fee. Let them know you're comparison shopping among several lenders.
Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
Great spenders are bad lenders.
One of the issues with some of these lenders is going to be, where will their provider of credit be when there's a crisis? That's why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis.
The Christian Church overwhelmingly - there are exceptions - who choose to call Muhammad a terrorist. They could call Jesus a terrorist too. I mean, he was pretty tough on money lenders a time or two.
There could be a 'community of communities' rather than a state. They would be united in some way but without any governing body. It would be made up of unions, credit unions instead of banks. There would be no more lending at interest. There would be no more money lenders.
It is better to be a lender than a spender.
