More small business owners are falling prey to online "predatory" lenders offering them quick cash. Some business owners are in such extreme financial strife that they have been forced to sell their family home.
If we’d expect the victim to read this I’d be with you
It’s not about the individual literally reading that exact comment. It’s about the discourse in our society. If we want to de-stigmatise this experience for victims then we can start by approaching their situation with sympathy and empathy instead of just lecturing them like they’re a small child.
and if the harsh tone of OP encourages even one founder to read one more contract than that’s a good thing.
Again, there are already quotes in the article that do this. There is no need for the people commenting on it to have a circlejerk about any mistakes the victim may have made. Don’t make this out as some kind of altruistic thing - everyone knows that people only do this to feel better about themselves. Be and do better.
I appeal to your intelligence: please consider that any action has more than one aspect, more than black and white.
Your assumption concerning my intention for example is straight wrong - as I stated in my very first reply. Where I also agreed with you. I didn’t write to be “right” or “wrong”, I interact to get new experiences.
As I’m only getting shut down as “wrong” I will stop trying that here (that’s my perception about your intention. I could be wrong).
I apologize for wasting your time and won’t interact further.
No, the problem is people not reading the contracts they sign.
You’re asking for idealism, assuming that we can prevent scumbags - that’s not possible, and simply leads people to naively signing anything, and ending up like this story.
Trust, but verify.
Do you think contract lawyers exist solely to create docs? Or maybe to take the time to ensure contracts their clients sign achieve the intent of their clients?
Yes, scummy lender does scummy things, but it was right there in the contract - no one held a gun to her head to sign it. She voluntarily signed it without understanding it.
It’s not about the individual literally reading that exact comment. It’s about the discourse in our society. If we want to de-stigmatise this experience for victims then we can start by approaching their situation with sympathy and empathy instead of just lecturing them like they’re a small child.
Again, there are already quotes in the article that do this. There is no need for the people commenting on it to have a circlejerk about any mistakes the victim may have made. Don’t make this out as some kind of altruistic thing - everyone knows that people only do this to feel better about themselves. Be and do better.
Well you seem to know more about why people do what they do than I do. But as “everyone” knows I simply must be behind.
Not behind, just in denial that your attitudes and behaviour could be contributing to a problem in society.
Are you aware that I am not the thread starter? You’re talking with two different people.
Dude, come on. Please don’t attempt to insult my intelligence like that. You clearly replied in defence of the previous user’s position.
I appeal to your intelligence: please consider that any action has more than one aspect, more than black and white.
Your assumption concerning my intention for example is straight wrong - as I stated in my very first reply. Where I also agreed with you. I didn’t write to be “right” or “wrong”, I interact to get new experiences. As I’m only getting shut down as “wrong” I will stop trying that here (that’s my perception about your intention. I could be wrong).
I apologize for wasting your time and won’t interact further.
Hahahaha
No, the problem is people not reading the contracts they sign.
You’re asking for idealism, assuming that we can prevent scumbags - that’s not possible, and simply leads people to naively signing anything, and ending up like this story.
Trust, but verify.
Do you think contract lawyers exist solely to create docs? Or maybe to take the time to ensure contracts their clients sign achieve the intent of their clients?
Yes, scummy lender does scummy things, but it was right there in the contract - no one held a gun to her head to sign it. She voluntarily signed it without understanding it.
But maybe she thought she understood it