Bad journalism of the day award
September 3, 2008 | Consumer Federation of America, Michigan, customers, industry, industry critics, media coverage, personal finance, states | Comments (0)Goes to Susan Tompor at the Detroit Free Press. Below are some statements she makes in her piece with the Payday Pundit’s comments in bold:
Debt traps — including high-cost advances on a paycheck — are crushing many Michigan consumers.
PP: She provides absolutely NO evidence of this, not even the usual anecdotal nonsense we’ve come to expect.
As many consumers scramble to pay bills, it’s wise to pay attention to just how costly quick-fix loans can be compared with other credit.
PP: She makes NO comparisons to other credit.
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