I think you can debate about the ethics endlessly, but the outcome is for the greater good.The other aspect you bring up is pretty obvious.

Another said they don't do consumer loans because the regulations are too onerous.I particularly think the endless disclosures are basically useless.

In addition my 14 year old daughter has attended 2 future fortune builders classes which teaches teenagers all of those things about budgeting, compound interest,  owning a business & endless other aspects that many people go their whole lives not ever being aware of.The $50k education includes 6 members so you can combine your funds with other peoples to save money and learn the same content. 

The possibilities are endless.

Although blowing $50k on a luxury apartment, car payment & endless travel & going out is really not a wise lifestyle & limits your ability to be truly independent & give back!

With cross breeding  and the ease of experimentation with genetically identical clones from a common mother plant, the possibilities are truly endless.

Glisch of The Sentinel StaffHOUSTON — Not far from the granite skyscrapers simmering in the haze of downtown Houston, the dreams of thousands of Texans have ended in bulldozed fields overgrown with weeds and wild summer grass.The site was supposed to have been a massive subdivision, one of hundreds that sprang up overnight when the oil industry boomed during the 1970s and early 1980s, sending this sprawling, get-rich-quick city on a seemingly endless joy ride.But the ride has long since ended, the victim of a depressed oil market that has ravaged Houston's oil-addicted economy and left vacant lots and ''For Sale'' signs as visible scars of how quickly the good times turned bad in the nation's fourth-largest city.''

Even though I know I'm legit, the cost of getting a license is far worth it than to endure and endless stream of investigations).Vincent has ulterior motives, because he has a course, podcast, and mentor program talking about "getting the deed" before marketing the home.

I am the manager of that LLC and I lend money from that LLC also.And this information is widely available, just google "Self Directed IRA" or SDIRA and you will find endless information.

This is another area of knowledge that adds to what you should know, which is a con, but good knowledge and relationships with those agencies, churches, etc. can easily turn to a plus of an endless renter stream, deposit assistance for your tenants (ie higher deposits for you), rental assistance if someone falls behind on rent, and support for issues tenants may have that otherwise would blow up and lead to a messy eviction.