![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
sereneorangeTonight I watched a show that had a story about payday loans, and the crash of the USS San Francisco. Interesting that they were together.
The pay day loan story was sickening to watch. I know the interest rates are really freaking high. I get that people that work there are agressive about asking you if you want to renew the loan. That is it. There are no hidden fees. There is no fluxuating interest rates. It is really straight forward. Borrow $300. Pay us $60 (or what ever that store charges). I would possibly feel a tiny bit bad for them, if I had not worked for the bank for almost 5 years watching people try to squirm out of paying them back. They would call in and place stop payments on the checks they wrote to the companies. They would try and dispute the charge as unuathorized when the company would try to debit the payment back on the due date. They would take all their funds out on their payday so that they would not be there when the payment was debited. This would cause them to be overdrawn like crazy. And yes, the loan company would try to debit it more than once. They were fully in their right to. They loaned someone a few hundred dollars. They had the right to expect to be paid back.
When the people at the loan place say, "Would you like to renew that loan" They could say, "No. I do not beleive I would, Thank you very much."
Confession: I took out a pay day loan once. Then I paid it back. Then it was done. Yea me. Easy as that.
None of these people would accept responsibility for being irresponsible ( I know. Unrealistic expectation) Nothing is their fault. Someone should have thought for them. Someone should have told them no.
Pathetic
The next story was about The USS San Francisco
The captain of the sub was amazing. He was taking all of the responsibility. He wasn't trying to pass any of it up or down the ranks. The sub was 525 feet below ocean surface between Guam and Australia and it ran smack into an underwater mountain. Basically the sub is given more than one chart. One of the charts showed no mountian. Captain Moony went by that chart and didn't check it against the other charts. When the interviewer asked about the fact that the Navy gave him an incorrect/incomplete chart, he only replied, "That is regretable"
My jaw dropped. He was taking it all. He took the blame for the whole thing when he met the father of the only fatality from the accident, P.O. Joseph A. Ashley. Ashley's parents do not see this as being the sole responsibility of Cpt. Moony. They want the Navy to take some responsibiity for having provided an incomplete chart to begin with. I was impressed by Cpt Moody...especially after watching the whiney sacks from the previous story.
The pay day loan story was sickening to watch. I know the interest rates are really freaking high. I get that people that work there are agressive about asking you if you want to renew the loan. That is it. There are no hidden fees. There is no fluxuating interest rates. It is really straight forward. Borrow $300. Pay us $60 (or what ever that store charges). I would possibly feel a tiny bit bad for them, if I had not worked for the bank for almost 5 years watching people try to squirm out of paying them back. They would call in and place stop payments on the checks they wrote to the companies. They would try and dispute the charge as unuathorized when the company would try to debit the payment back on the due date. They would take all their funds out on their payday so that they would not be there when the payment was debited. This would cause them to be overdrawn like crazy. And yes, the loan company would try to debit it more than once. They were fully in their right to. They loaned someone a few hundred dollars. They had the right to expect to be paid back.
When the people at the loan place say, "Would you like to renew that loan" They could say, "No. I do not beleive I would, Thank you very much."
Confession: I took out a pay day loan once. Then I paid it back. Then it was done. Yea me. Easy as that.
None of these people would accept responsibility for being irresponsible ( I know. Unrealistic expectation) Nothing is their fault. Someone should have thought for them. Someone should have told them no.
Pathetic
The next story was about The USS San Francisco
The captain of the sub was amazing. He was taking all of the responsibility. He wasn't trying to pass any of it up or down the ranks. The sub was 525 feet below ocean surface between Guam and Australia and it ran smack into an underwater mountain. Basically the sub is given more than one chart. One of the charts showed no mountian. Captain Moony went by that chart and didn't check it against the other charts. When the interviewer asked about the fact that the Navy gave him an incorrect/incomplete chart, he only replied, "That is regretable"
My jaw dropped. He was taking it all. He took the blame for the whole thing when he met the father of the only fatality from the accident, P.O. Joseph A. Ashley. Ashley's parents do not see this as being the sole responsibility of Cpt. Moony. They want the Navy to take some responsibiity for having provided an incomplete chart to begin with. I was impressed by Cpt Moody...especially after watching the whiney sacks from the previous story.