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Social Inequality, Social Class

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I agree with almost everything you said. When companies advertise their low rates but don 't mention their high interest rates that are attached to it- It puts the poor in more debt. Social inequality, social class and social mobility all make it harder to get out of debt and move up to higher classes. Yes, I think it is unfair to give super high interest rates to the poor knowing they can 't pay them back, but at the same time, people in the lower class are a higher risk when it comes borrowing money. I think they are uninformed, but it is almost useless to inform them once they have already made these mistakes and find themselves in debt. People need to be informed before they find themselves in this problem.

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