Customers want regulation, need service
June 15, 2009 | Wisconsin, customers, industry | Comments (0)Well, customers can have regulations, but payday lenders need to stay in business to provide people the service. From the story out of 91.3 television which services Northern Wisconsin and Minnesota:
“There’s no control over it. So, if they can do something, yeah, that’d be great but like I said, I don’t do this all the time but it would be nice if it wasn’t such a high interest.”
It would be nice if I the Payday Pundit could get a cheaper lease on his car, but finance company wouldn’t make any money. Competition with banks and among payday lenders will drive prices to their lowest point.
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