Unlike within the Netflix series, the individuals who benefit from this predatory industry rarely see prosecution — because whatever they do is completely appropriate
T he first period of Netflix’s brand brand brand new series, Dirty cash, provides an insightful, nuanced looks at infrequently-examined financial subjects which range from the maple syrup mafia to price gouging that is pharmaceutical. Nevertheless the subject that will be most germane to the present climate that is financialn’t Donald Trump’s shady company dealings — though that is highly relevant.
Rather, it is the 2nd episode’s considerable glance at one payday loan provider together with guy whom profited hugely from predatory financing.
Because, while Scott Tucker, inside the Spandex cycling gear and utter shortage of remorse is a remarkable (and despicable) character, he’s also into the minority on the market.
That is, he got caught. And convicted. And fined. And therefore rarely takes place, because numerous payday loan providers are running within complete conformity with all the legislation.
And beneath the Trump management, that is more likely to keep on being the norm. In reality, though this will be among the worst times become a worker that is american it is one of the better times to use a company which profits from that worker’s economic straits. (more…)