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06-15-2018, 03:16 PM | #31 (permalink) |
Fck Ths Thngs
Join Date: May 2014
Location: NJ
Posts: 6,261
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No, the question is why one business is excused from selling things bad for their customers while the other isnt. Big macs **** over your future health, credit cards **** over your future finances.. Neither are good for you if youre not educated about what youre doing and yet the fast food and unhealthy food companies get a pass while CC companies do not (within the criticisms expressed in this thread), and both have savage advertising $.
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06-15-2018, 03:20 PM | #32 (permalink) |
one-balled nipple jockey
Join Date: Dec 2010
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There’s a long standing tradition of business ethics dating back to the Bible. Our bankers are very educated and know how laws have changed. They know what’s usury and predatory lending and they know that as bankers they have a responsibility to community members who are less educated or more prone to succumb to human nature and live irresponsibly for a time. They’re supposed to help communities build within reason not profiteer from endless cycles of debt that are very hard to escape.
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06-15-2018, 03:24 PM | #33 (permalink) |
Fck Ths Thngs
Join Date: May 2014
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That just seems like a bunch of expectations you place on them and not the reality of how they function. The only thing I expect from any company is for them to try and make money, rather their ethical or not is something you should probably consider before entering into a business deal with them.
Also, read the discussion since that post |
06-15-2018, 03:29 PM | #34 (permalink) | |
one-balled nipple jockey
Join Date: Dec 2010
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Quote:
Fast food and sugar smacks do market themselves in an unethical manner but the framework for ethical lending goes back for centuries so we have agreed upon standards.
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06-15-2018, 03:32 PM | #35 (permalink) | |
one-balled nipple jockey
Join Date: Dec 2010
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Quote:
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06-15-2018, 03:33 PM | #36 (permalink) |
SOPHIE FOREVER
Join Date: Aug 2011
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Well dang you got me there. I guess credit cards are better than McDonald's because McDonald's doesn't have safeguards.
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06-15-2018, 03:39 PM | #37 (permalink) |
Fck Ths Thngs
Join Date: May 2014
Location: NJ
Posts: 6,261
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@Frown - It also bankrupts you with health expenses but lets ignore that for convenience sake.
@OH - Please show these agreed upon standards. Also, I'm ignorant to finance and economics, my education would be useless to most in this dilemma. The point you were addressing was more of a street smarts assessment than book smarts.
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I don't got a god complex, you got a simple god... Last edited by DwnWthVwls; 06-15-2018 at 04:02 PM. |
06-15-2018, 03:42 PM | #38 (permalink) |
ask me about cosmology
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06-15-2018, 04:09 PM | #40 (permalink) | |
Born to be mild
Join Date: Oct 2008
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Quote:
But, not their fault. If you get a c/c you HAVE to be aware of how it works, generally, and if, like me, you choose to ride the system to see how far you can get, you deserve all that happens to you. As I did. Far, far, FAR worse are these ****ing Payday Loan companies, with their 1000 percent-plus APRs! ****s. Should be illegal. Talk about preying on the weak, stupid, those without any sense of foresight and, of course, the desperate.
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