#predatory loans

[findthefandom-orbecomethefandom]

We Fix Space Junk is so wild

imagine a hyper predatory capitalist society where the 99% have to struggle to for basic needs lmaoooo that's sooo wilddd I could neeveerrrr even imagine that

[epizzeuxie]

喰らう喰らう喰らう感動

喰らう喰らう喰らう感動

Decided to make a humanization of "Predatory Loans" banker bc why not. His name is Jacob :3

Oh, and also I'm going to make a "Collector Lady", the one that explains us how the bank feature work, and the one who takes our money in the end of the game, yeeeah :D

[z34l0t]

[incorrectjackboxquotes]

Creepy Voice: I'm hear to ask for one of your loans-

Predatory Loans' spokesperson: No.

Creepy Voice: Let me repeat-

Predatory Loans' spokesperson: I heard you, we don't give loans to people with bad credit.

Creepy Voice: We'll repay you back later, we just need 100$ more dollars and binjpipe will be on the road to paying back our dept.

Predatory Loans' spokesperson: You said the exact same thing the 532nd loan, you haven't been making any money and keep spending ours! The higherups are considering blacklisting your company do to how much of OUR money you're bleeding out.

Creepy Voice: We just need 100-

Predatory Loans' spokesperson: Monetize your content first, then we can talk about lending you more money.

^ Binjpipe is BAD at this whole money thing, ironically.

[quotesfrommyreading]

Over the course of the next three years, as my mother’s gambling addiction escalated, she took out another student loan, and then another, and then so many others that the amounts and institutions from which she borrowed knotted together into something big and impossible to disentangle, but the accumulation of which was about $125,000. It seems that none of the private lenders were alarmed by the rapid acquisition of increasingly large amounts of money — more than I would ever need for my state-school tuition — a record of lending they would have seen when they pulled my credit. It might be that they noticed and didn’t care.

While I didn’t know about my fraudulent debt in those years, I did know that my mother had her own. At home during university breaks, I often fielded calls from credit card debt collectors, the phone company, or the internet company. I learned to recognize the callers’ scripts, and the moment they departed from them, becoming angry with me for refusing to put my mother on the phone, threatening to shut off our services if we didn’t pay. And there were other signs her gambling problem was growing big and wild. Bounced checks. Denied credit cards at the supermarket. My mother, home late with handfuls of cash, tipsily offering my friends and me $50 because she’d won on slots that night.

In my early 20s, I watched my debt total increase like some people watch an eroding shoreline. The interest rates on many of the loans were unfixed, so some years the shoreline stayed constant. Then, as if overnight, a wave touched my toes. At my debt’s peak, when I was 30, I owed about $386,000, and the water overwhelmed what little land was left. Thirty-five now, I recall the day I first learned of my debt in foggy, tender detail. I was 21 years old and graduating from college in two weeks. I was just applying for my first credit card, and then an hour later, I was learning that I was a victim of ongoing identity theft by my mother. Debt decides the future for you: At 26, I would be paying $600 a month in loan payments to barely cover the mounting interest. At 30: telling someone I loved that to be with me would mean entering into a life of economic peril. The future that debt chose for me — indeed the future it chooses for many people — included a lot of shame, confusion, and pain.

I walked home from the bank, rejected credit card application in hand, as if walking toward certain death. In place of the steady hum of college students commuting to class, all I heard was the hollow sound of the wind as I slid my boots across the slick sidewalk. Home now, seated on my bed in a new world, frozen still, I held the credit report in front of me, counting the listed debts: $10,000 owed to JPMorgan Chase, $20,000 to ACS Education Services, $15,0000 owed to someone else. I didn’t yet know that the majority of these were private loans protected by the federal government. This can’t be right, I said to myself over and over again. Part incantation, part desperate plea.

When I called my mother to tell her and ask for her advice, she begged me not to call the police. “I’m so sorry, honey. But it was me. All of it was me.”

  —  Debt Demands a Body

[disease-danger-darkness-silence]

Keeping my car

My Toyota - the GOOD car that I need to fix to save on gas - has a title loan on it.

It is obviously delinquent. By 52 days. I finally was able to get ahold of TitleMax and it's in pre-repo stage now. I need $370 by Wednesday to keep them from towing it.

I cannot lose this car. The car I'm currently driving is awful, but it runs and was free. The Toyota is more safe has less wrong with it, and is far, far better on gas. It also just looks more professional.

If you would like to commission me for writing, resin crafting, diorama making, resumes and cover letters, etc., please please please contact me at tashabot at gmail.

That's also my PayPal, if you don't need anything at the moment but would like to help.

My second payment arrangement payment, to be caught up with T-Mobile, is due tomorrow as well, but I have a two-day grace period. It's another $418, but I may be able to get that in DoorDashing, because I have an extra day to pay and that extra day gives me a good day of DoorDashing. I also got two requests for interviews to good-paying jobs today, so I'm hoping oli can score one of them!

[allthecanadianpolitics]

Toronto no longer offering new licences to 'predatory' payday loan outlets

Major regulatory change approved through unanimous 20-0 vote on Wednesday night

Starting immediately, Toronto won't be issuing any new licences for payday loan outlets amid concerns the companies are "predatory" toward low-income residents.

The major regulatory change was approved through a unanimous 20-0 vote from council on Wednesday night, alongside a bundle of recommendations regarding the city's controversial payday loan industry.

"We heard over and over and over again stories of how people's lives were ruined, leading to depression, broken families, even suicide, because they were victims of these predatory, parasitical payday lenders," Coun. Josh Matlow said in council chambers before the vote.

"People can never escape the vicious cycle they get into because they can never get out of having to pay off these debts," he added.

Continue Reading.

Tagging: @ontarionewsnow @abpoli @politicsofcanada @torontopoli @onpoli

[memesnotwelcome]

Hasan Minhaj Calls Out Congress Over Student Loans: ‘You Paid Far Less For Your Degrees’ | NBC News

While testifying before the House Financial Services Committee, comedian Hasan Minhaj called out members of Congress for the student loan crisis by comparing...

It was really fuggin hard I tell ya hwhat.