Rise of instant loan machines sparks fears for low-income earners

[Ganerumo]

So according to you we should completely disregard the concepts of malicious influence and just let people make bad decisions just because freedom of choice is important ?

Marketing is too advanced and exact a science nowadays to claim that people who are obviously being influenced by it are truly being free to choose. Their freedom of choice is swayed heavily by circumstances and the wrong people pushing the right buttons.

That's why for instance anything addictive is usually very tightly regulated, since they specifically rely on making people feel like they are in control while also preying on basic impulses. You need guardrails so that people can have freedom of choice without being pushed into making awful decisions that aren't truly their own.

[HumanAbyss]

This is stupid.

Every single thing you listed in your previous post has regulations and structures applied around it.

People are talking about changing the structures and regulations that bind lending practices that have become seen as purely predatory financial games. Saying we can't talk about further
regulations of predatory lending without also applying that to those subjects you listed is facetious. Those industries are regulated. They're free market, but they're largely quite regulated.
Predatory lending should be regulated even further as it is explicitly that. Predatory.