They now have “freedom” to abuse their customers.
I’m sure you’ll feel that warm wet trickling down any day now
rozodru@pie.andmc.ca 1 day ago
after looking at their site….oh fuck no.
they offer lines of credit to pay your rent. but you have to pay back said credit by the end of the month so….why? If you’re having trouble paying your rent getting a line of credit to cover it and then having to pay back said credit by the end of the month on top of a percentage AND membership fee it just sounds exactly like a payday loan where you KNOW they hope you roll over so you’ll never be able to catch up.
AA5B@lemmy.world 1 day ago
mechoman444@lemmy.world 1 day ago
It is a payday loan in the most classical sense that’s why it exists.
Sometimes people aren’t able to pay by the first so they have to get it paid somehow it absolutely relies on getting paid later on to pay off the loan.
They’re just one half step above being a loan shark.
JcbAzPx@lemmy.world 20 hours ago
The only difference between them is the loan shark can’t take you to court to get their money back.
tomkatt@lemmy.world 13 hours ago
Way shit’s going, at some point you’re going to have to break your own kneecaps and there will still be a fee associated with the self-service.
floquant@lemmy.dbzer0.com 1 day ago
The US loves their useless, expensive middlemen.
aeternum@lemmy.blahaj.zone 15 hours ago
hence the “healthcare”
its_kim_love@lemmy.blahaj.zone 1 day ago
Innovation! They cut out the middle man and let’s you get screwed by just your landlord instead of the landlord and Copperhawks.
HeartyOfGlass@piefed.social 1 day ago
Landlord’s brother probably runs the loan place.
chemical_cutthroat@lemmy.world 1 day ago
Its the same model as payday loans. It’s predatory lending plain and simple.