"The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads."

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Source: Elizabeth Warren (2014). “A Fighting Chance”, p.44, Metropolitan Books

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Elizabeth Warren

Politician, Lawyer

Elizabeth Warren is a U.S. Senator known for her advocacy on economic equality and consumer protection, particularly through her work on the Consumer Financial Protection Bureau.

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