How Wall Street Exploits Minorities w/ Payday Loans
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The debtor is a slave to the lender.
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@HKTeeVee one black guy and the establishment isnt white anymore, looool!
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I think TYT is racist against white people!
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It's just another form of loan sharking.
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Interest on loans increase proportionally to risk. The riskier the loan, the higher the interest. I'm no fan of loansharking, but anyone who signs a contract while understanding the terms of the contract is responsible for his own action.
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450%= untrue... Ive done payday loans it wasnt anywhere near that much interest
Agree its a way to make more money by usary
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It is worst then this. Small business loans for minorities are a give away to big banks, because 95% of all small business fail in five years, meaning the banks get all the payments, and all the assets at the end of the business. And stupid liberal do gooders pay for it all via huge taxes... Just feed the evil blood sucking banks all the money...
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@xpandergt I'm a liberal and i agree whit you.
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@xpandergt Conservatives see minorities as invaders that are hear to take away jobs from hardworking white Americans with cheap paying Mexicans and Affirmative Action. As if a hard working black is the one with the most cotton not about being the right one for hire employment in a boss position. Both sides have their issues and this video shows that independent economics that conservatives love so much hurt minorities with bank scams and should gov be a referee for fairness is that "big gov?"
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@J5MARLON Nice tag, but swing and a miss. I'm conservative in nature by registered independent. Try again.
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Rich people seem quite scared of black people.
notimelikenow08 1 year ago 6
@kappasig72 man the establishment ain't even white anymore check the fuckin' head of state. It's racist to assume that black people are poor because they're black (as if slavery&discrimination had no impact) but it's ALSO racist to assume that ALL black people are the oppressed underclass and all white people are the oppressive ruling class. That is simply not true and never has been (at least in terms of the latter assertion). It's literally a black&white thinking logical fallacy.
HKTeeVee 10 months ago 2