How bad of an idea would it be to get a payday loan with no intent to repay it?

How bad of an idea would it be to get a payday loan with no intent to repay it?

How could I go about making sure that they could never see a dime from me?

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Flee the country.

Just travel over seas, get the loan, travel back home.

Easy as that.

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Do not fuck with payday loan bounty hunters. They are not to be trifled with and come in numbers.

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what, is it a bunch of Veeky Forums kikes or something? I can take on a bunch of yamaca wearing bitch boys

I never really cared about these sort of places at first. But recently, I have been seeing more and more of these stores open up where ever I go. There are so many questions I want to ask about. How do these places open up multiple stores? They seem like franchises. Who even goes to these places in the first place? They seem like total scams.

They are total scams, and they are chains. They make a LOT of money because you'll end up paying double or more back what you owe. They are serious about getting their money, too, and they literally will send bounty hunters out of you to rough you up if you don't pay.

I used to work at one of these places, you mainly see druggies and single mothers. Basically people that have always been poor and will always stay poor.
Typical conversation(where someone actually qualified)
>I need money
>Alright let me see a paycheck stub
>here
>ok, let me put this in... congratulations you qualify, the APR is 36% and you need to pay this back by X date
>36%?!
>Yes, 36%, that's an annual rate though so as you'll be paying it off in a month you'll only be paying 3% interest
>that's still really high, may as well be robbery
>its not robbery if its a voluntary exchange(I didn't really care for the job and throwing in ancap memes made it bearable)
>Fine, now give me my money

low life 2 legged animals go to them

How long have you been working in these payday loan places? Did you need some sort of diploma or finance degree required to work or is it more like a retail job where the high school kid can apply?

Did these people who borrow money ever tell you their reasons for doing so?

That's not bad at all considering how you can easily make that back in a day by day trading crypto. What are the loan limits like?

This is a terrible idea. They don't hire ebay tier debt collectors. They hire Daquarius and Saul to collect at your front door.
Daquarius and Saul don't know what "illegal" means.
Sudden increase in these kinds of stores is a sign of a declining economy in the local area. You can count pawn shops in that too.

Well I'll just shoot them if they try to invade my home or threaten me

>How long have you been working in these payday loan places?
I only worked there a couple months while I was in college and looking for something better.
>Did you need some sort of diploma or finance degree required to work or is it more like a retail job where the high school kid can apply?
Think you had to be over 18 but you didn't need a degree or anything.
>Did these people who borrow money ever tell you their reasons?
Typically no, usually when someone would it would be after being denied, and I always assumed most of the sob stories were bullshit.

Varies based on your regular paycheck

Try it, Daquarius has been shot nine times and Saul was a mob contractor.
>tfw you actually kill Daquarius
>tfw you go to prison
They got a guy in there too but he collects strictly in shoes and ramen noodle packets.

I used to work as a cab driver. I'd drive single moms to a payday loan place. She'd get a pay day loan and go pay off a loan from another payday loan place. Then go to a new payday loan place to get more money. Then I took her to get smokes and beer and she'd pay me like 50 bucks. Fucking sad. Stay away unless you plan to flee the country

Is this the sort of place where people cash in their welfare checks?

Worse

We got a spot in town with 4 of these in a 50m radius.
>Who even goes to these places in the first place?
Mostly just degenerate gamblers or drug addicts or just stupid millennials.

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