I guess I don't think 'the industry' should be surviving on a business model of doling out large lines of credit then chasing people through the court system to realize their profit from it. I don't...
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I guess I don't think 'the industry' should be surviving on a business model of doling out large lines of credit then chasing people through the court system to realize their profit from it. I don't...
I'm not saying this particular person has a problem or even that they need to have a problem for this to be predatory. But I am assuming a book willing to load a gambler up with 30k debt is more than...
^^^ You should look up the definition of predatory lending James.
And then get off your high horse.
I'm sure you're right about the debt being legally enforceable, just my sense of fairness says if anyone loans money to people for gambling they have to assume a greater risk than a bank loaning for...
What a money spinner this trick must be. Offering 30k credit to a problem gambler is predatory. Surprised they don't need some sort of money license before they can enforce those sort of debts.
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