From the frontpages of the local paper this morning…

Have Cash, Will Bid.

The basic premise here is that people who need credit and can’t get bankloans submit proposals, which are bid on by investors. The site is here

What’s the wierdest thing that’s going on…and i don’t mean the usurious interest rates that they can only justify as being better than a payday loan or loan shark…

They ask borrowers to post a picture. Because after all, a just and important part of the loan process is seeing what the applicant looks like.

This moment brought to you by American Racism.