Decades of consumer protection law precedents say otherwise.

Great reporting. However, if you restrict rates, then no one will lender to these high risk borrowers. Given the rates, CAC charges, if the borrowers were good credit risks, someone would be undercutting them.

One thing to keep in mind is that the $11k price tag includes fees an finance charges, the amount of the money going towards actual payment on the vehicle is usually about 40-60% if not less over the life of the loan. IE, that $5k minivan would also engender a loan of between $7-9k as well depending on down payment.…

Do you say; we just won’t lend to you and you can only access credit with a certain DTI ratio (or some other metric)? or do you regulate it a different way like requiring the borrower to carry insurance that covers the car plus a minimum amount of interest due if its totaled (and cap the recovery amount in that…

It’s all a perpetuation of this social media bullshit nowadays. People extend theirselves on credit to live a lifestyle they can’t afford and cry till the cows come home on how its not their fault and they were targeted. Its bullshit. I have no respect for someone that can not do things the hard way. I built my…

Who is forcing them to buy a car or take out a loan? The lender is doing things on the edge of legallity but its the consumer that keeps their lights on. Millions of dumb people who do not take responsibility for their actions is the REAL reason there are so many cases in court. 

So really great article, BUT I have a question. My business operates as a sort of lender of last resort and we have high interest as well, but the difference is that we obtain a lien on an asset that covers our investment.

At some point we get a head of the DOE that mandates that personal finance courses be made mandatory for HS graduation.  Doesn’t get to all people, but it’s a start...

There are plenty of people in this country that believe the solution to that problem is to not be in those towns when disaster occurs.

Whenever he’s backed into a corner (climate change, and the Saudi deal), he always comes back with “But the jobs! Think of the jobs that will be lost!”.

President Donald Trump: —of years. They say that we had hurricanes that were far worse than what we just had with Michael.
Lesley Stahl: Who says that? “They say”?
President Donald Trump: People say. People say that in the—
Lesley Stahl: Yeah, but what about the scientists who say it’s worse than ever?
President Donald…

Ahhh I feel so sorry for the friend! Imagine the horror of realising you actually stabbed your friend! I’m just relieved her natural instinct was to stab his arm, and not plunge it into his gut, throat, chest etc.

For real. I'm probably more in agreement with Rey on this, but it's all so much hot air from two people who will never take this off social media.

Both those ladies are very extra.

Come on. Give her credit. Nobody fucks people the fuck up like billionaires and their heirs. They do it on a mass scale.

Lana del Rey is the daughter of a billionaire and her bad girl schtick is entirely an act. She's not gonna fuck anybody the fuck up.

Imagine if we lived in a country where this could negatively impact a candidate?

It was disappointing to be on the receiving end of such disrespectful behavior from my current representative, but ultimately I’m focused on my campaign

She and Asia Argento have set #MeToo back approximately one million years  

However, Rose McGowan’s acting career was and has, respectively.