The business model of companies like this is preying on people that don't pay on time. How are you defending such a scummy practice? It's preying on poor people that don't know better. I've seen family and friends get fucked by these companies.

The "thanks to us, they can now afford Christmas" excuse is what the sociopathic executive of a loan shark company uses to justify its existence.

Conspicuous consumption (because that's most likely what this will be used for) is not a problem that needs to be solved.