I think the presence on these companies, and the glorified pawn shops on the high street show how far down this country is. Yes, I'm pleased people have an alternative to loan sharks, and that someone with no cooker can get a loan for a new one to feed their family. (We used to have something called the social fund that did that.) But not at two-fucking-thousand percent APR. I'm quite a small 'l' liberal; I don't like banning stuff. But I have to say, any loan that costs half as much again per year to pay off, let alone twenty times, should be prohibited as usurious. Easy as that.
Then we can get on with being a proper human society and getting rid of that kind of poverty.
I've yet to see a politician who admits that we are going to have to pay more tax in this country, but if we are ever to balance the books we will. But whilst we may differ over Trident, or the probably unaffordable triple-lock on pensions, lifting people out of poverty must be the easiest area for us to agree on.
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