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re: Spinoff thread: What do you consider getting ripped off when buying a car?
Posted on 3/22/14 at 8:28 pm to SlowFlowPro
Posted on 3/22/14 at 8:28 pm to SlowFlowPro
How are anti-usury laws shitty, Slow?
Posted on 3/22/14 at 8:31 pm to Sophandros
quote:
How are anti-usury laws shitty, Slow?
they deny a person to make that agreement
i don't believe people are so stupid they need to have their ability to contract decreased in order to "protect" them
it just fricks those people over worse, anyway. when you get rid of "usurious" loans, you get payday loans (worse option). when you get rid of payday loans, you get loan sharking and/or societal disruption (eviction, property seizure, etc, which are worse options)
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