"The Poverty Business" Reflect

The Poverty Business article talks about how companies take advantage of poor people. Some people that have only received their high school diploma and did not continue their educational degrees. They may be taken advantage of corporate scams or loans because they do not the knowledge of the processes. Brain Grow and Keith Epstein wrote about how people who have been taken advantage by many companies in scams or loans without asking questions or know the processes to pay back their loans. Due to companies not care about low-wage workers, so they can profit their earning from them. Companies only help the rich people because they can pay back their loans much faster then middle or low-wage class. If organization would help middle and low-wage class to choose the right path, they can improve there financial costs, also would have a retirement money in future. If not they should ask simple questions to know how to pay back there loans then waiting for the consequence of consuming large debt. Even doing their time reading the fine print on contract or ask someone in their family to help them choosing the right path for them. If it was my situation, I would have read the contract fully or asked question even have someone in my relative give me the right decision. In the future I would not consume a large debt, so my future children don't take the responsibility to pay back my loans.


The consumer would not want to be trapped in this situation debt in this first place, so the community should solve these issues. I have saw a channel on the television that provided help to people by giving advised if they can afford to buy things or not. To have this access, they should have to pay a small fee to receive help for advising in knowing what to purchase things or know the process how to pay back there loans, also there should be a non-profit organization that provide help to the people who can take a small loans and able to pay it back in future. Even take donations from people who like their program channel.