[pitaj]

Only through coercion can freedom be violated. Voluntary agreements like loans don't violate your freedom (though one could make a case for guaranteed loans being a special case).

A person stealing your car violates your rights. The government taxing you violates your rights.

[kiliantics]

Lots of the constraints of life are not voluntary though, but have been forced upon you by those with more power. You may need a payday loan because your boss wouldn't give you enough hours and your car broke down. Those are consequences of an artificial scarcity that is forced upon us and which enables the few to profit more from us. In the past it took the form of debt peonage.

[pitaj]

Those constraints are derivatives of the fundamental facts of nature. You are not forced by your boss to work, you are forced by nature to work for the necessities of life.

[kiliantics]

The constraints of nature are not as strict as those of society. Food literally grows on trees but now you have to pay for it. It's estimated that our ancestors worked about 15 hour weeks before the agrarian revolution.

[codeulike]

Doesn't coercion happen if you dont pay the loans back?

[zanny]

Its actually quite rare to have property repossessed for failing to pay back a, for example, credit card. A majority of debts you take on the lender won't go through channels to use force against you because those are time consuming and expensive on their part.

The way credit scores work in simplest terms and theory is a non-coercive way of punishing people who defraud lenders. When your score tanks and nobody will lend to you anymore so you get punished for not paying your debts without any violence happening.

[pitaj]

No, because by breaking whatever contract you agreed to, you have defrauded the other party. Initiating fraud is a form of coercion. The defense of their property from that coercion is not itself a coercive act.