Business Week (The Poverty Business)

The companies who profit from low wage earners are increasing the severity of the opportunity divide because In recent years, a range of businesses have made financing more readily available to even the riskiest of consumers. This tactic in affect is to entice unsophisticated buyers to fall into a grave of debt. The fact that these shoppers are buried in lasting debt it makes it almost impossible for one to emerge from such a situation. Take into consideration the story of Roxanne Tsosie who was scammed into believing that she was moving up in the world by purchasing an automobile from a used car company called J.D. Byrider.  She bought a used 1999 Saturn entirely on credit. As time goes on debt is getting more and more expensive and with that time the poor are being expected to pay more. Companies use the latest technology to assess whether the consumer is a credit risk or not companies like byrider check into people with slim spending money in order to entrap this customer into a spiraling effect of debt. These various companies know that they can get away with selling products that consist of loop holes because they are dealing with an uneducated market. This uneducated market will not raise any question if it sounds promising.

We definitely cannot leave it up to the credit card corporations to advise us how not to end up in these terribly stressful situations because they are powered by the money. These companies only tell you so much because they have to. It is unlawful to give a consumer false advertisement but these companies find slim ways to doop you into a future of no success so they can keep receiving money from you from the rest of your life. I heard a rumor that credit card companies hate a certain actor because he pays his bill on time every month. With this type of strict organization credit cards would only make a small profit so it is initially up to us as citizens of this country to educate ourselves on the loop holes of our system.