Sunday, January 9, 2011
Telegram today--good story by Sutner. I knew about these micro-loans but never realized that they are, more or less, unsecured credit lines. These are even better, since if you don't pay there are no ramifications?? Instead the city relies on "negotiations and persuasion to attempt to get recipients to make payments."
Like any credit card company then why doesn't the City take people to
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