Comment by tylersmith

It's not coercion since it's well within your rights to not borrow money or buy financial products if you don't like the terms. Neither of the things you mentioned are life requirements. If you want them because you think you'd enjoy them then you need to agree to the other parties' stipulations, and if not you can continue to live without them. The fact that people have offered these products to the market doesn't mean you are entitled to have them under your own terms.