[al_mandi]

The interest is the cause of the problem in the first place. We've known for thousands of years that usury is bad, it's prohibited in the three major religions, and for good reason.

We see it time and time again. Policy makers try to address the symptom but not the cause, then people cry when nothing gets fixed.

[rr888]

You might be right. I assume lending as a regular part of the economy but my grandparents lived in a world where it was very difficult, even for a mortgage. I can't see any real benefit of credit cards, payday lenders.