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Predatory Lending: Last Week Tonight with John Oliver (HBO)

LastWeekTonight · 14.3M views · 2014-08-11 · 16:32

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Overview

John Oliver's Last Week Tonight segment on payday loans and predatory lending, covering how they trap borrowers and target the elderly and military. It features Sarah Silverman.

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HN recommends it as a good overview of predatory lending and the problems with payday loans.

Recommended by 4 HN people across 3 months · HN mentions 2014–2022

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What people said

VikingCoder · 2015-04 · Strong recommendation

I highly recommend you watch the John Oliver segment on Payday Loans. [VIDEO] ANYTHING that helps get rid of those scum is a huge improvement.

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otterley · 2022-01 · Recommendation

Spend some time with John Oliver, discussing just a few of the problems with predatory lending: [VIDEO] Usury laws go back to Biblical times: [LINK] - there is plenty of literature to follow from this point. There are still prohibitions on drug use that most agree should still be upheld due to the serious harm they tend to cause (addiction -> crime, serious health decline) relative to their benefits: heroin, fentanyl, cocaine, crystal meth, etc. Go spend some time in some majority Black neighborhoods in the U.S. like deep East Oakland, Detroit, Philadelphia, etc. if you want to get a real sense of how bad the problems are and what the locals think about it. Or spend some time in poor white areas in Appalachia or the midwest U.S.

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WestCoastJustin · 2014-09 · Recommendation

If you are interested in this topic, you should watch: Last Week Tonight with John Oliver: Predatory Lending (HBO) [1]. I think he does a pretty good job in giving an overview of what predatory lending is. Although, he does not talk about Harvard, MIT, or pension funds, this is all new as far as I know. [1] [VIDEO]

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Sources

Video by LastWeekTonight, played through YouTube.

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