Yet another little parasite industry making undeserved "profits".
Seems the legal system prefers parasites to productivity. ("birds of a feather...")

Having said that, debt is overused and folks need to treat it as a last resort way to purchase rather than the first way.
If you borrow to consume when young and productive, when are you going to start paying it all off?
Of course so long as they run interest rates below the real cost it is not sane to save either (Pay tax on interest, then pay banks more in fees. Government wins, banks win, "saver" loses.)
Have our "leaders" learned nothing from the economic fall of the world's biggest "superpower"?