I find most (if not all) "loan sharks" and "loan companies" disgusting, how can it be legal to charge folk 1500%+ interest?
While the folk that use them may of fallen on hard times and found themselves in a 'desperate situation', If their stupid enough to give consent to take on a loan with over 1500% interest and/or forfeit their motor, they deserve to lose their car etc.
That being said though,
It doesn't excuse these companies for exploiting folks naivety/stupidity.
Modern Society doesn't deserve to suffer the problems caused by the (careless) actions of the desperate folk these kind of 'schemes' create in the name of profit.....
... In my IMHO they may as well go the whole hog and get Italian mobster's with steroid freaks to dish out these 'loans'.
