Why are the poor and down on their luck the ones that are preyed upon?
July 02nd, 2009
Cindy P asked:
The poor have it harder than anyone, and for all the wrong reasons.
All those Fast Cash and Payday Loans-they charge outrageous interests and yet, when people do not have gas money to get to work-they find it nescessary to try this.
If someone has been struggling-say with huge health care costs, and they try and pay on all these bills and get behind, their credit scores go down, and again either no credit or high interest rates again, while the rich man, never having had to worry about anything, get’s the best possible loan!
The whole system is wrong and meant to keep people down, once they are there.
Who here has experienced any of this? I know I have, and seen many others as well, especially since gas has gotten so high.
Shouldn’t the system work the other way?
Keisha
The poor have it harder than anyone, and for all the wrong reasons.
All those Fast Cash and Payday Loans-they charge outrageous interests and yet, when people do not have gas money to get to work-they find it nescessary to try this.
If someone has been struggling-say with huge health care costs, and they try and pay on all these bills and get behind, their credit scores go down, and again either no credit or high interest rates again, while the rich man, never having had to worry about anything, get’s the best possible loan!
The whole system is wrong and meant to keep people down, once they are there.
Who here has experienced any of this? I know I have, and seen many others as well, especially since gas has gotten so high.
Shouldn’t the system work the other way?
Keisha
