Coin Newsletter #10: Get poor quick

It’s never been easier to borrow money, from “buy now, pay later” to “marry now, pay later”. Loans are instant, but so are regrets. Many people don’t understand the basic math of borrowing and get exploited by predatory lenders. Here are a few tips for using credit responsibly.

There’s also been a dramatic increase in illegal loan apps. They lend at rates as high as 100–200% and then harass the borrowers into paying far more than they owe. Just a commonsense understanding of borrowing money can help you avoid a lot of grief in life.


Great one! Thanks…