Can you think of an institutional or cultural way to get people in the West out of some of their consumer credit traps? I don't think the lenders are going to help!
I wonder if this got downvoted because someone read it as sarcastic. It wasn't meant to be so; I thought the parent comment was useful and I was wondering how to change the culture around consumer lending, which I agree has got a lot of people trapped (or at least burning a lot of their income on interest payments and fees).