• @[email protected]
    link
    fedilink
    -71 year ago

    Yes, and a big part of that is that rather than get bank accounts, savings accounts, and any sort of money discipline, they fly blind and end up turning to terrible shit like payday loans.

    See, one of us has actually worked to help change the spending habits of low-income people and the other person gets their information from memes.

    • @[email protected]
      link
      fedilink
      6
      edit-2
      1 year ago

      Source- trust me bro!

      That’s a pretty cool story you’ve got going on in your head there lol. You’re a fucking 🤡

    • @[email protected]
      link
      fedilink
      English
      31 year ago

      Underbanking is a problem, and so is underinvesting. Both are caused by profit motives because investors rather put in pay day loan services instead of grocery stores in historical redlined districts🤷

      But sure, blame the habits of poor people.