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The lie of 36%

September 12, 2008 | Jeff Merkley, Oregon, industry, regulation, states | Comments (1)

When anti-payday lending forces push for a 36% rate cap, they say that lenders can operate under it. Once it passes and lenders close stores, they then take credit for that.  In other words, they lie.  See this crazy video promoting the Senate candidacy of Jeff Merkley.   

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Comments»

1. dt - September 12, 2008

I should’nt laugh but in the video did you notice all the for lease signs.I thought politicians jobs were to keep people in business?On that note I WOULD’NT BUY A USED CAR FROM THAT GUY THATS FOR SURE!