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Started By
Message
re: Republic Finance moving headquarters from Baton Rouge to Plano, Texas
Posted on 5/16/22 at 9:04 pm to Box Geauxrilla
Posted on 5/16/22 at 9:04 pm to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith.
You’re right, poor people don’t deserve loans. God forbid they actually have a choice that is commensurate with their level of risk. The free market cuts both ways.
This post was edited on 5/16/22 at 9:15 pm
Posted on 5/16/22 at 9:09 pm to Papercutninja
quote:
You’re right, poor people don’t deserve loans.
Is this a joke? Lol
Posted on 5/16/22 at 9:36 pm to Papercutninja
quote:
The “free” market
At 25% APR is about far from free and close to illegal rates.
Loan sharks serve a market need not unlike drug dealers do.
Choice!
Posted on 5/17/22 at 11:26 am to Papercutninja
quote:
God forbid they actually have a choice that is commensurate with their level of risk
There’s risk, and there’s loan sharing. 25% is the later, and should be outlawed, the same way we’d outlaw any Guido Thumbreaker on the street.
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