[AvesMerit]

Victims are not always blameless. In this instance, victims are well informed about the consequences of borrowing & choose to consent. One could even argue that creditors who do not get paid are victims - they're the ones who provided funds to the borrower for them to enjoy their goods

Obviously, one should not blame a murder/rape victim

[superkuh]

And creditors are well informed about the consequences of lending and chose to consent. Not repaying a loan is not a huge moral failing. In most cases it is not a even crime--because no one believes all loans will be repaid, especially the creditors.

[xracy]

"victims are well informed about the consequences of borrowing" - Citation Needed.

Have you read the terms and conditions of buy-now-pay-later companies? I think the clearest takeaway from this article is that people aren't well informed.

[jahsome]

I think the point is, young people are in fact _not_ well informed. It's in the entire credit industry's collective best interest to keep consumers in the dark.