We politely disagree
June 24, 2009 | California, customers, industry | Comments (0)Now that I trashed editorial writers (below), the Payday Pundit will take on another, but in a more civil tone. The Los Angeles Times, which seems to understand that there is a place for payday loans in the credit market, calls for keeping the loan limits at $300. I think that a legislative proposal to raise the limit to $500 makes sense. Times are tough, consumers need larger loans. $500 is not a large amount of credit for an average income earner.
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