Payday Pundit

News and Information About The Payday Lending Industry

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Damned if you do, damned if you don’t

August 4th, 2008 · No Comments

The far Left publication Mother Jones has an article this week criticizing the payday lending industry for supporting the Congress on Racial Equility and spending money on Financial Literacy programs.   Yes, you read that right.  The industry is being criticized for charitable contributions.  Kathleen Moore, who heads community outreach for CFSA, is quoted in the story:

Kathleen Moore, CFSA’s director of partnering and program development, who previously worked at Habitat for Humanity, insists that such outreach programs have nothing to do with politics or generating business for her members. “I do not promote payday lending. This is part of our giving-back agenda,” she says. “None of our outreach is targeted at ethnicity.”

Damned if you do, damned if you don’t.  The Payday Pundit discussed the Mother Jones article in an earlier post.

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Tags: Mother Jones · Uncategorized · industry · media coverage

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