I'd know what exactly you are referring to but if we assume that the black marke... | Hacker News

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imtringued on June 27, 2020 | parent | context | favorite | on: Microfinance Is Mostly a Scam (2015)

I'd know what exactly you are referring to but if we assume that the black market alternative also gives you access to money then payday loans create further demand for black market alternatives because they leave people worse off than before.

sukilot on June 28, 2020 [–]

No, because the payday loans are still available to people who already used payday loans.

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