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“Adament” and “ambivalent”

June 16, 2009 | South Carolina, The State, industry, regulation, states | Comments (0)

How does that work?  Can’t can more confused than the editors at the State (S.C.) newspaper:

As we’ve said before, the measure doesn’t go far enough, and so we believe it would have been better if lawmakers had ditched this incremental effort and started anew next year in an attempt to pass stronger rules. On the other hand, we can understand why lawmakers committed to stronger regulation took what they could get this year with hopes of making improvements as annual monitoring of payday lending unearths further problems.

As the Payday Pundit has said before, we think the editors at the State newspaper won’t be satisfied until consumers rely only on the government to meet unexpected expenses.

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