Payday Pundit

Payday Pundit’s favorite payday lending foe has now written his 4,375th column on payday lending.

In this column, ”House members need to hear from payday lending opponents”, Mr. Bolton is straight-up lobbying. Is it appropriate for Mr. Bolton to use his position as Associate Editor to lobby South Carolina’s statehouse?

And what about the millions of people who are payday lending customers? Don’t House members need to hear from them?  Shouldn’t their opinions actually matter the most since they are the ones who use the service?

Bolton’s statement that payday lending customers “don’t make good decisions or haven’t been taught to balance a budget” is utterly offensive.

You can reach Mr. Bolton at (803) 771-8631 or wbolton@thestate.com.

Reminder: The State Newspaper was recently accused of “unethical” behavior in aggressively soliciting payday lending ads.

SC Hotline has discovered that while The State’s newsroom and editorial board were both busy bashing the payday lending industry, the newspaper’s marketing department was using these attacks to try and convince the industry to advertise in the paper in an effort to counter its “distorted” information.