If the end result is debt peonage, though, they are not using those assets well.
From the forbes.com
Peonage keeps tenant farmers in perpetual debt to wealthy landlords across Sindh.
From the latimes.com
But I think the Emerald Isle is in for a significant period of debt peonage.
From the guardian.co.uk
Debt peonage was a postwar tool designed to ensure continued Southern white supremacy.
From the online.wsj.com
In Peru a peonage system existed from the 16th century until land reform in the 1950s.
From the en.wikipedia.org
Credit cards are controversial, with many people falling into debt peonage with their cards.
From the businessweek.com
The lawsuit quoted the Magna Carta and accused some of peonage, sedition, and inland piracy.
From the dailyherald.com
In the Peruvian Amazon, debt peonage is an important aspect of contemporary Urarina society.
From the en.wikipedia.org
Keeping oneself from being converted into a human ATM and forced into peonage, most definitely.
From the evangelicaloutpost.com
More examples
The condition of a peon
The practice of making a debtor work for his creditor until the debt is discharged
A peon is a person subject to peonage (/u02C8piu02D0u0252n/, from Spanish peu00F3n ), a type of involuntary servitude of laborers (peons) having little control over their employment conditions. Peonage existed historically during the colonial period, especially in Latin America and areas of Spanish rule.
A system of paying back debt characterized by involuntary servitude; Indentured servitude
Is involuntary servitude, under which a debtor is forced to make payment to a master through labor. It differs from slavery, serfdom, and contract labor by both the necessary element of indebtedness and the indefinite term of service. ...
A condition of enforced servitude by which a person is restrained of his or her liberty and compelled to labor in payment of some debt or obligation.