In reply to onlyabill.

"So you would rather poor people have NO access to funds verse what you consider a bad deal."

Yes they a better off than being trapped in debt, I am debt free and proud of it but those who are in debt can feel like they are drowning ... you personally are probably the exception to the rule for the debt trap but for many it might not be they way you see it.

"It is fine that you think that but it is not YOUR capital. If you feel that strongly about it, get your own capital and make whatever loans you want at whatever rates you want."

Again big banks have made their money off the backs of the rest of us and never do anything for or to help the small people in this world. Thats what's cold. If you were poor you would see that this is not helping its harming the very vulnerable people and is not right.