In every corner of the world, borrowing money is a fundamental part of life. We take out loans to start businesses, buy homes, or even just to get by. While banks are the go-to lenders for many, riskier options exist on the margins—payday loans, private lenders, and quick-cash schemes. These alternatives promise fast money but often come with hidden costs that can spiral into a cycle of debt and despair.…
Behind the flashy promises of quick cash lies a troubling reality: the financial stranglehold of so-called “money shops” on the population, a system not only unsupervised but actively enabled by the state. With shockingly high costs legally sanctioned and minimal oversight in place, these companies operate in a regulatory gray zone rife with opportunities for manipulation and exploitation. How did this unchecked financial tyranny become the norm—and who is paying…